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Yellow pad math can explain a lot about homebuilder decisions

If you don’t understand the math, you just don’t understand A number of years ago, when I moved from California to the East Coast, I struggled to understand why the builders seemed to think so differently about their projects than I was used to. I expected the numbers to vary by price point, but the…

UWM rolls out mortgage payment rewards via Bilt platform

Independent mortgage brokers working with United Wholesale Mortgage (UWM) now have access to a new tool that allows borrowers to earn rewards on their mortgage payments, the company announced on Wednesday. The program, called “Built-In Rewards,” is being rolled out as UWM brings loan servicing in-house. UWM-closed loans will also be serviced by UWM and…

HighTechLending and Better partner to expand EquitySelect HELOC

HighTechLending announced Wednesday that it has partnered with Better to expand access to home equity lines of credit through its EquitySelect HELOC product, which will be offered through Better’s retail channel, NEO Home Loans. HighTechLending said the partnership is aimed at helping homeowners tap into their home equity. It will target borrowers who may not…