Birmingham

Rapidly Growing Mortgage Firm Hosts Hiring Event in Metro Detroit

BIRMINGHAM, Mich., Nov. 27, 2012 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national top five wholesale mortgage lender, announced that will be holding a hiring event at the Troy Marriott located at 200 W. Big Beaver Rd, Troy, MI 48084 from 6:30 p.m. to 8:30 p.m. on Monday, December 3.

UWM has established itself as one of the fastest growing companies in Michigan. The company is thriving in a reemerging mortgage market that has developed a demand to hire additional staff to support growth.

Prospective candidates can meet and interview with UWM’s hiring managers onsite; all qualified applicants are encouraged to attend.

Positions being hired include but are not limited to:
* Loan Processors.
* Junior Underwriters.
* Senior Underwriters.
* Closers.

“We are an established mortgage lender that was founded in 1984 and has strategically managed our growth ever since,” said Mat Ishbia, president of UWM. “Our success is predicated on providing second-to-none service to our customers, which is the direct result of our committed employees. We have and always will hire ambitious individuals that are dedicated to bettering the company and their careers. Our employees love working for us and our high retention rate reflects this. With the support of our employees, we are tracking to become one of the top five wholesale lenders in the country. By and large, we owe our ongoing success to UWM’s most valued asset – its employees.”

UWM is rated a 2012 Top Workplace by the Detroit Free Press and is one of Metro Detroit’s 101 Best and Brightest Companies to Work For. The company was also named a Top 25 Tech-Savvy Lender by SourceMedia back-to-back years due to the technology infrastructure it developed to efficiently support its employees in their day-to-day functions, as well as provide excellence in customer service. UWM has significantly expanded its business in all functional areas and is projected to double the size of its workforce; move into a new 100,000 square foot facility in Troy, Mich.; and achieve $10 billion a year in funding by the end of 2013.

To learn more about the event, please contact the company at (800) 981-8898 or via email at marketing@uwm.com.

About United Wholesale Mortgage:
Headquartered in Birmingham, Michigan, United Wholesale Mortgage underwrites and provides closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents. UWM provides unparalleled service with its deep understanding of the mortgage process using its talented team of account executives, underwriters, closers and funders, who have years of experience with intricate knowledge in wholesale. UWM’s positive teamwork and dedication to exceptional customer service has resulted in continued success and growth that has spawned expansion. For more information, visit www.uwm.com or call 800-981-8898.

MEDIA CONTACT:
Laura Lawson
United Wholesale Mortgage
800-981-8898
lalawson@uwm.com.

NEWS SOURCE: United Wholesale Mortgage :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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United Wholesale Mortgage Reports Huge Uptick in Originations for Q3

BIRMINGHAM, Mich., Oct. 19, 2012 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 49 states, announced that it grew its residential lending volume from $1.245 billion in Q2 to $2.019 billion in Q3, representing a 62 percent increase.

“The immense growth that we are experiencing is a direct result of the second-to-none service that is provided to our brokers, coupled with the innovative products and aggressive pricing we offer,” said Mat Ishbia, president of UWM. “Our companywide mantra is ‘Lending Made Easy,’ which is a steadfast commitment we make to our brokers in an effort to continually and consistently ensure that doing business with us is incredibly simple. At the rate we are growing, UWM is well on its way to becoming one of the top five wholesale lenders in the country.”

Throughout 2012, UWM launched several new products, programs and tools that have been key in driving its growth, which include: the innovative ELITE program for conventional products; ‘The Big and Easy,’ a true jumbo loan product on up to $2.5 million; HARP 2.0; the implementation of HARP 2.0 with up to 175 percent LTV/Unlimited CLTV with DU(R); USDA products; and enhancements to its broker portal, EASE.

In addition, UWM regularly holds educational webinars for its brokers on industry trends, new products, effective sales and marketing strategies, and more. UWM also established and continues to build upon a superior, uniquely formed internal sales force model that engages in ongoing industry education and support for brokers.

UWM doubled its employee head count and has plans to hire another 400 over the next 12 months. The company will be relocating to a larger corporate headquarters in Metro Detroit by end of year to accommodate growth.

About United Wholesale Mortgage:
Headquartered in Birmingham, Michigan, United Wholesale Mortgage underwrites and provides closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents. UWM provides unparalleled service with its deep understanding of the mortgage experience with intricate knowledge in wholesale. UWM’s positive teamwork and dedication to exceptional customer service has resulted in continued success and growth that has spawned expansion. For more information, visit http://www.uwm.com/ or call 800-981-8898.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: United Wholesale Mortgage :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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United Wholesale Mortgage to Hold Webinar on HARP 2.0

BIRMINGHAM, Mich., July 12, 2012 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it will be holding an educational webinar on how its HARP 2.0 program can increase originators’ business.

“We were one of the first wholesale lenders to implement HARP 2.0, the way the government intended, in order to give our broker community the ability to help as many borrowers as possible,” said Mat Ishbia, president of UWM.

“We take pride in closing HARP 2.0 loans in record time with our signature service and fast turn times. As a result, we are uniquely positioned to advise and service originators working HARP deals in today’s highly fluid market. Our upcoming webinar provides originators with keen insight into how they can quickly and effectively assist borrowers to grow their business with HARP 2.0. This free webinar is just another UWM offering that reflects our commitment to providing our broker network various tools and services to help them be more successful.”

Topics that will be covered include:
* The importance of speedy service – how UWM is closing HARP loans in 2-3 weeks;
* UWM’s ability to offer high LTVs and Unlimited CLTVs with no ratio overlays;
* How to get property inspection waivers consistently and how UWM honors them;
* Learn about proven marketing tips that are working for originators across the county;
* The differences between HARP and DU Refi Plus and how it affects pricing;
* How Fannie Mae HARP and Freddie Mac HARP are different and what it means to originators.

UWM’s HARP 2.0 program can be accessed via it broker portal, EASE (Easiest Application System Ever), and loan scenarios can be run via its EQ (Easy Qualifier) eligibility and pricing engine that instantly returns accurate decisions on up to twelve programs at once.

Interested parties can sign up for the webinar by clicking here: https://www1.gotomeeting.com/register/640456424 – and can learn more about UWM’s HARP 2.0 program by calling 800-981-8898, emailing harp@uwm.com or visiting their Web site at www.uwm.com.

About United Wholesale Mortgage:
Headquartered in Birmingham, Michigan, United Wholesale Mortgage underwrites and provides closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents. UWM provides unparalleled service with its deep understanding of the mortgage process using its talented team of account executives, underwriters, closers and funders, who have years of experience with intricate knowledge in wholesale. UWM’s positive teamwork and dedication to exceptional customer service has resulted in continued success and growth that has spawned expansion. For more information, visit http://www.uwm.com or call 800-981-8898.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

News Source: United Wholesale Mortgage :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .


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United Wholesale Mortgage Introduces ‘ELITE’ Program for Brokers

BIRMINGHAM, Mich., May 17, 2012 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it launched a new product, dubbed ELITE, that offers the best conventional rates and pricing in the industry. Recognized industry-wide for first-class customer service, UWM is pleased to provide their signature service combined with the most aggressive rates and pricing in the industry for elite borrowers. ELITE aims to reward UWM brokers that consistently work with borrowers of the highest quality, who expect the best in service and price.

“We’re excited to offer ELITE to our valued broker community in order to exceed the expectations of their elite borrowers,” said Mat Ishbia, president of UWM. “These types of borrowers deserve preferred conventional rates and pricing, and since every UWM program is accompanied by our world-class customer service, ELITE offers the best of both worlds. Our brokers’ first-rate borrowers shouldn’t settle for anything less. Brokers are confident in knowing that UWM can accommodate their every lending need while providing the easiest loan process available.”

Recently, UWM launched a number of new products, which include: “The Big and Easy,” a true jumbo loan on up to $2.5 Million; the HARP 2.0 changes; the implementation of HARP 2.0 with up to 175 percent LTV/Unlimited CLTV with DU(R); USDA loans; and now ELITE.

All of UWM’s products and pricing are available within its custom broker portal, EASE (Easiest Application System Ever), which offers a number of Web-based tools for originators. EASE is integrated with EQ (Easy Qualifier), UWM’s proprietary eligibility and pricing engine that instantly returns accurate decisions on up to twelve programs at once with the click of a mouse.

Loans that qualify for UWM’s ELITE program include:
* A 760+ FICO;
* A 70 LTV or less;
* $250k plus loan amount;
* Acceptance of property inspection waivers;
* Continued honoring of Fannie’s DU(R) findings.

Interested parties can learn more about UWM’s ELITE program by contacting the company at 800-981-8898 or by visiting http://www.uwm.com .

About United Wholesale Mortgage:
Headquartered in Birmingham, Michigan, United Wholesale Mortgage underwrites and provides closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents. UWM provides unparalleled service with its deep understanding of the mortgage process using its talented team of account executives, underwriters, closers and funders, who have years of experience with intricate knowledge in wholesale. UWM’s positive teamwork and dedication to exceptional customer service has resulted in continued success and growth that has spawned expansion. For more information, visit www.uwm.com or call 800-981-8898.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

News Source: United Wholesale Mortgage :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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Birmingham’s Dorothy Jemison Day Theater Opens at Alabama School of Fine Arts This Month

BIRMINGHAM, Ala., April 2, 2012 (SEND2PRESS NEWSWIRE) — The Alabama School of Fine Arts announces the opening of the Dorothy Jemison Day Theater, a state-of-the-art facility built for both school and community use, this month. It is the most technically advanced venue of its kind in the entire Southeast. The Public Grand Opening is scheduled for Sunday, April 15, from 3 – 5 p.m., with Mayor William A. Bell, Sr. cutting the ribbon on the massive new stage.

With 500 seats, ASFA’s new theater, named for beloved Foundation Board member Dorothy “Dodie” Jemison Day, will offer the arts community a much needed alternative to both smaller and larger facilities. It will also benefit all areas of the school, providing a professional environment in which students will learn the inner-workings, challenges and opportunities of performing on a professional stage.

Built with funds raised by the Alabama School of Fine Arts Foundation, the theater is located at 800 19th Street North in Birmingham’s arts district. Over the past seven years, the Foundation, a 501(c)3 non-profit organization, headed by Bryding Adams, Executive Director, has raised over $7.8 million for the $8.5 million facility. The complex project took 18 months to complete.

Craig Krawzcyk of Birmingham’s Live Design Group was the architect for the project. Krawzcyk worked closely with Adams, Foundation Board chairman Stanton Ingram, and members of the school faculty to ensure the theater will provide an optimum learning experience for the students. Theater specifics were designed by David Kahn of Acoustic Dimensions, New Rochelle, New York, and Michael Ferguson of Theatre Project Consultants, Norwalk, Connecticut. Included in the building is a 40 x 80 foot sprung stage floor with a mechanical orchestra lift, a 60 foot fly tower for changing scenery, and a Wenger acoustical shell.

The acoustically tuneable listening environment also has a Steinway Concert Grand piano and a complete set of Marley flooring for dance. There are two large audience rest rooms, a Green Room, rest rooms and dressing rooms for performers, and a scene shop for designing sets. The building is equipped with WiFi and a large high definition movie screen. The state of the art sound and light booth is large enough for teaching 15 students at a time. Total square footage for the theater is 19,212 feet.

Constructed by B.L.Harbert International, the theater will help stimulate the economic development and revitalization of the downtown arts district, which has a shortage of performance venues available to local performing artists. Major donors include Alabama Power Foundation, Regions Financial Corporation Foundation, EBSCO, Daniel Foundation, Community Foundation of Greater Birmingham, Hill Crest Foundation, Jemison Investment, Hugh Kaul Foundation, Robert Meyer Foundation, Compass Bank, Vulcan Materials Foundation, AT&T Foundation, Joseph S. Bruno Foundation, The Walls Family, Altec/Styslinger Foundation and many individual donors.

The Alabama School of Fine Arts is one of the top public, tuition-free, arts and science schools in the nation for grades 7-12. It is located at 1800 Reverend Abraham Woods, Jr. Blvd. Birmingham, AL 35203. Admission is by audition only. For more information on the ASFA theater or to contact the ASFA Foundation, call 205-252-6617. The school’s website is http://www.asfa.k12.al.us .

News Source: Alabama School of Fine Arts :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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United Wholesale Mortgage Expands Product Profile to Include USDA Loans

BIRMINGHAM, Mich., March 29, 2012 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced the addition of USDA (United States Department of Agriculture) loans to enhance its existing government platform of FHA and VA loan programs. UWM is currently recognized throughout the broker community as a top government lender and one of the largest-producing wholesale lenders in the country.

“Adding USDA to our portfolio of products gives our brokers the ability to expand their client base and capture more market share,” said Mat Ishbia, president of UWM. “Our goal is to help brokers grow and maintain their business by providing them with a wide array of products and cutting edge technology. We want brokers across the country to think of UWM as their one-stop shop for success.”

UWM attributes their purchase volume growth to their understanding of the importance of hitting purchase contract dates for mortgage originators, borrowers and real estate agents. UWM is considered one of the best lenders in the country when it comes to purchase business, and by now offering USDA loans, UWM is giving brokers another avenue to pick up market share.

“The USDA product is a substantial part of the purchase business in many areas throughout the country, and these loans offer incredible benefits to borrowers,” said Ishbia.

Details of UWM’s USDA product:
* 30-year fixed rate;
* 0 percent down;
* Financed closing costs;
* Competitively low rates;
* Financed appliances with minimal restrictions.

The addition of USDA/rural development loans rounds out UWM’s exceptional profile of product offerings. Most recently UWM rolled out The Big & Easy, a True Jumbo loan up to $2.5 million, and implemented HARP 2.0 with Unlimited LTV/CLTV. UWM can also assist their brokers, bankers and correspondents by providing them with a sponsored correspondent warehouse line.

Learn more about UWM’s USDA and other product options by calling (800) 981-8898 or by visiting their website at http://www.uwm.com .

About United Wholesale Mortgage:
Headquartered in Birmingham, Michigan, United Wholesale Mortgage underwrites and provides closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents. UWM provides unparalleled service with its deep understanding of the mortgage process using its talented team of account executives, underwriters, closers and funders, who have years of experience with intricate knowledge in wholesale. UWM’s positive teamwork and dedication to exceptional customer service has resulted in continued success and growth that has spawned expansion. For more information, visit www.uwm.com or call 800-981-8898.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

News Source: United Wholesale Mortgage :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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United Wholesale Mortgage Rolls Out HARP 2.0 Unlimited LTV/CLTV Implementation with DU(R)

BIRMINGHAM, Mich., March 23, 2012 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it has successfully implemented Fannie Mae’s HARP 2.0 program requirements with Unlimited LTV/CLTV. UWM was one of the first lenders to implement the government’s adjustments to HARP 2.0 when it went into effect December 1, 2011, and now they have effectively implemented the expansion of HARP 2.0 into their EASE (Easiest Application System Ever) broker portal.

“With the heavy volume of HARP 2.0 submissions that we are receiving, UWM has not faltered in providing superior customer service, communication and consistency,” said Mat Ishbia, president at UWM. “Our swift implementation of HARP 2.0 is proof that UWM’s exceptional staff can meet and exceed broker expectations in all areas of operations and with every product offering. At UWM, we want to make it as easy as possible to do business with us; investing in resources to quickly implement HARP 2.0 for our brokers was atop the priority list. This high level of service and speed to market holds true to our company wide mantra of ‘Lending Made Easy.’”

Some details of UWM’s HARP 2.0 offering include:
* Unlimited LTV/Unlimited CLTV;
* Property inspection waivers (PIW’s) are acceptable;
* No DTI restrictions;
- With approve/eligible findings;
* High balance loans are eligible;
* Condos are acceptable;
* LLPA caps are in effect.

On March 13th and 16th, 2012, UWM held free webinars covering the benefits and details of HARP 2.0 now that it is integrated with DU. More than 2,000 mortgage professionals participated in these webinars to learn how they can take advantage of HARP 2.0 at UWM.

In addition to HARP 2.0, UWM recently rolled out The Big & Easy, a True Jumbo loan up to $2.5 million, as well as the ability to help their brokers become bankers by issuing a correspondent line. To round out their spectrum of product offerings, USDA will be available in April 2012.

Interested parties can learn more about UWM and the HARP 2.0 program by calling the company at (800) 981-8898 or via email at harp@uwm.com.

About United Wholesale Mortgage:
Headquartered in Birmingham, Michigan, United Wholesale Mortgage underwrites and provides closing documentation for residential mortgage loans originated by mortgage brokers, banks, credit unions and correspondents. UWM provides unparalleled service with its deep understanding of the mortgage process using its talented team of account executives, underwriters, closers and funders, who have years of experience with intricate knowledge in wholesale. UWM’s positive teamwork and dedication to exceptional customer service has resulted in continued success and growth that has spawned expansion. For more information, visit http://www.uwm.com or call 800-981-8898.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

News Source: United Wholesale Mortgage :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


read original news on Send2Press Newswire

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