https://nationalmortgageprofessional.com/news/76521/more-10000-broker-shops-agree-uwms-addendum
I’ve been watching this unfold the last few weeks and according to UWM, the overwhelming majority of brokers will sign the addendum barring them from also working with Rocket & Fairway.
What are the thoughts here in the broker community? Legality aside, this seems like it sets the precedence now for all the big wholesalers to force exclusivity agreements and reduce options for the consumer. One of the major pro’s of using a mortgage broker.
Discover more from Today Headline
Subscribe to get the latest posts to your email.