Builders don’t have a rate problem, they have a reliability problem
A builder lines up a deal. Land is identified. Plans are drawn. The numbers work. The lender says yes. And then — somewhere between approval and execution — the ground shifts. The timeline stretches, the draw gets delayed, the capital tightens or worse, disappears altogether. By the time it’s clear
‘Didn’t see that coming’: Real estate brokers react to Real-REMAX deal
At a time when it seems like most real estate brokers can’t agree on anything, one thing they can agree on is that The Real Brokerage’s acquisition of REMAX, announced on Monday, came as a surprise. “To me it came a bit out of left field because I don’t think anybody had talked about Real,” Gary As
UWM adds VantageScore alongside FICO for conventional loans
United Wholesale Mortgage announced Wednesday that independent mortgage brokers working with UWM can now access both FICO and VantageScore credit scoring models for conventional loans, a move aimed at giving brokers more flexibility when evaluating borrowers. In a press release, the Michigan-based l
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