UWM the Fastest Growing Overall Lender in America
At the close of 2017, data from many of the nation’s top lenders showed their mortgage origination activity decreased from 2016.
Inside Mortgage Finance data shows the top mortgage lender which showed the most growth from 2016 to 2017 was UWM with its increase of 28.5%, followed by Fairway Independent Mortgage with an increase of 22.4% and Caliber Home Loans with its increase of 10.2%.
UWM explained many retail lenders struggle as mortgage interest rates increase, and refinances drop.
“The mortgage broker business is growing and we are partnering with the best brokers in America to help them grow and protect their business with partnership tools and industry-leading technology,” UWM President and CEO Mat Ishbia said. “That’s been a key for us, along with our amazing 2,300+ team members who truly care about delivering amazing service.”