
UWM brings back 1% down conventional mortgage program
Nation's largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer's down payment when financing a purchase backed by Fannie Mae or Freddie Mac.
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WeWork is profitable again after working through its bankruptcy
The coworking behemoth says it is on a path to profitability after spending a year negotiating with landlords to eliminate $4 billion in debt and begin to turn a profit, according to a new report on Tuesday.
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Rising inventories have more homebuyers going to their lender
Purchase loan applications soared 10 percent last week to the highest level since April, even though rates have been stuck in the high sixes, the Mortgage Bankers Association reported Wednesday.
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Jon Grauman and Adam Rosenfeld launch Resident Group at Side
The duo previously led the Grauman Rosenfeld Group at The Agency and have collectively closed more than $3 billion in career sales. The new firm will be focused on client service, they said.
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