United Wholesale Mortgage has passed Quicken Loans to become the top-ranked non-bank purchase lender in America, according to a report by Inside Mortgage Finance.

UWM produced $11.2 billion in loan volume during the second quarter, with $8.3 billion of its business (74 percent) being attributed to new home purchases–compared to Quicken Loans, which purchase loans made up only 31.6 percent of its second quarter loan volume.

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