3Points with Mat Ishbia, October

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3Points with Mat Ishbia, October

Each month, President and CEO of United Wholesale Mortgage Mat Ishbia shares industry happenings that impact the mortgage industry and originator business. This October, Ishbia elaborates on:

  • Freddie Mac’s Guideline enhancements

New guidelines, including changes to the way rate/term refinances, student loans, and self-employment are treated, could have a positive impact on borrowers.

  • Fannie Mae’s New DU

New (and improved) features make it easier for you to navigate DU findings and improve efficiency.

  • Rising interest rates

As rates go up, don’t let that get you down. While the vast majority of the market is purchase, there are still ways to boost refinance opportunities, such as debt consolidation, reducing rate terms, or eliminating mortgage insurance.

See Matt discuss these points here.

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