Ishbia pledged UWM shares worth $4.6B to secure two loans prior to NBA deal

Mat Ishbia, chairman and chief executive officer at United Wholesale Mortgage (UWM), provided more than half of the mortgage company’s outstanding shares as a guarantee to secure loans ahead of the acquisition of the Phoenix Suns, according to a Bloomberg report.According to the report, Ishbia pledg
Read MoreImage Analytics from CoreLogic helps users analyze property images quickly and accurately

Reviewing appraisal imagery, an essential step in the valuation review process, is time-consuming and laborious.CoreLogic developed Image Analytics to drive innovation in the appraisal review process and help lenders and mortgage industry professionals analyze property images quickly and accurately.
Read MoreIn July, job openings declined to pre-pandemic level

U.S. job openings fell in July, declining to an early 2021 level. A few weeks ahead of the next Federal Open Market Committee meeting, this latest data release offers fresh evidence that the labor market is cooling.The number of job openings edged down to 8.8 million in July from 9.17 million in Jun
Read MoreLower sues former employees for fraud that cost the firm $4M

Maryland-based lender Lower sued four former employees for fraud which it says has cost the firm more than $4 million in financial losses. Lower also accused Texas-based lender AmCap Mortgage of conspiring in a scheme with its former employee to induce other staff to abruptly leave Lower.Jason Ozmen
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