United Wholesale Mortgage (UWM) is taking its mortgage servicing operations in-house, following the decision to end its relationship with Mr. Cooper Group in the wake of the latter’s $9.4 billion deal to sell to rival Rocket Mortgage.
The Pontiac, Michigan-based wholesale lender also announced it has selected ICE Mortgage Technology’s MSP loan servicing system as its servicing platform, with a strategic focus on boosting recapture and referral business through its broker network.
“While we are excited about the cost savings for UWM, details ⇒
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