Little things could be big in the weeks ahead
Midterm elections are over, and Thanksgiving is still weeks away (unfortunately). What’s going on in the meantime? UWM’s President and CEO Mat Ishbia shares three things that mortgage brokers should be paying attention to this month, before visions of cranberry sauce and sweet potato pie completely take over.
- Arive launch
AIME’s new end-to-end technology platform created for and by independent mortgage brokers. By pooling resources and leveraging the entire mortgage broker community, Arive seeks to help them compete with the big retail lenders on a national stage. Find out more about the platform here.
- Fannie Mae DU Updates
Fannie Mae’s latest DU update “tightens the box” on some of the riskier areas. Also, Fannie and Freddie have launched a disaster inspection report in lieu of a full appraisal in the event of a disaster.
- Digital mortgage on the rise
No surprises there. Watch as the retail lenders and lenders with large margins get squeezed. Stay up to date on technology and be ready to capitalize on human-abled technology to help business grow.
See Ishbia discuss these points here.
