Despite having lower margins for the third quarter, United Wholesale Mortgage (UWM) Chairman, President and CEO Mat Ishbia stated that he feels prepared to handle “headwinds in the industry” during the company’s third quarter earnings call. On the call, Ishbia referenced the challenges the mortgage market has faced within the past five years, saying that…

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United Wholesale Mortgage (UWM) Chairman, President & CEO Mat Ishbia foreshadowed potential legal action with mortgage servicer Two Harbors for the allegedly “inappropriate” handling of its sale. During the company’s Q2 earnings call, Ishbia addressed the bidding war against CrossCountry Mortgage in order to acquire Two Harbors, which took place back in the spring. UWM…

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