UWM sues Mortgage Solutions and its owner over EPOs, trademark infringement

United Wholesale Mortgage (UWM) has accused California-based brokerage and correspondent lender Mortgage Solutions FCS, dba Client Direct Mortgage, of breaching its early payoff (EPO) provision and its owner, Ramon Walker, of trademark infringement.UWM filed a lawsuit in a U.S. district court in Mic
Read MoreMany homeowners don’t understand how their escrow account works

Among homeowners who have a mortgage escrow account, only 52% fully understand how the account works, according to survey results released Thursday by property tax services provider LERETA.More than 80% of survey respondents said they know what an escrow account is and its primary purpose — to pay p
Read MoreFannie Mae 2023 financials cap off ‘successful’ year, CEO says

Government-sponsored enterprise Fannie Mae reported $77.4 billion in net worth at the end of 2023, including $17.4 billion in additional net income for the full year, according to its financial results report released on Thursday.The $77.4 billion figure marks a sharp increase from prior years — $60
Read MoreKevin Sears, NAR won’t take on any presidential initiatives

In an email to the board of directors on Wednesday, National Association of Realtors (NAR) President Kevin Sears announced that he and the trade organization would not be taking on any presidential initiatives throughout the duration of his term, as first reported by Inman News. Sears stepped into t
Read More
Categories
Recent Posts










