Rocket preemptively raises 2023 conforming loan limits for brokers

The wholesale arm of Rocket Mortgage on Tuesday raised anticipated agency conforming loan limits to $715,000,…

UWM follows Rocket, hikes conforming loan limits

Fiercer competition in the wholesale channel spurred United Wholesale Mortgage (UWM) to increase the ceiling on…

Mortgage demand drops to lowest level in 22 years

The pain in the mortgage market is only getting worse as higher interest rates and inflation…

Wells Fargo to shutter correspondent lending?

In the face of a declining mortgage market and heightened regulatory scrutiny, Wells Fargo, the country’s…