Mat Ishbia was our guest this week! It’s no secret that UWM has been in a “crosstown war” with Quicken Loans. UWM no longer does business with brokers who work with QL. What has this meant for brokers? How have events transpired since? What is to come? Find out all this and more in the full episode. Watch now!
Rather watch on Youtube? Check it out here.

Inside Real Estate Episode Highlight

“Yeah, no, nobody’s getting added. So I didn’t even put that in the addendum. I said, “listen it’s two companies.” I’m not adding someone in five years, I’m not adding someone in 10 years. I basically made a–this is not a decision I made on March 4. This has been something we’ve talked about for a while. We’ve done our research, we talked to attorneys, we talked to brokers, we talked to loan officers, we talked to consumers, we’ve talked to a lot of people to make this decision on whether it was two companies, or if we’re going to do one company or three companies and it’s been decided as two companies and no one else is getting added at all. And that’s for certain. And so, and why those other companies were not involved is because these two companies we thought were the most egregious and the biggest risk systematically to the mortgage broker channel and consumers and getting consumers the best deal possible through mortgage brokers. So they are a systematic risk, and so we attack the systematic risk.” -Mat Ishbia, United Wholesale Mortgage


Check Out Our Last Episode: Kevin Keck, Simpli Real Estate – Episode 145 ┃Inside Real Estate