UWM next to boost its conforming limit early

Sep 8, 2022, 11:11 AM by National Mortgage News

UWM is now buying loans eligible for sale to Fannie Mae or Freddie Mac up to $715,000; the single-family conforming limit for 2022 is $647,200. It will have to retain these mortgages on its balance sheet until the start of 2023, at which time it could sell them to the government-sponsored enterprises.

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