Have you been scammed by UWM?

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UWM responded to Hunterbrook’s repeated request for comment and detailed questions with a cease and desist

[@jeanettek99]

I knew that companies created false narratives to push down prices- But I always thought they were sophisticated? Like this is a completely transparent hack job.

[@TheVonzink]

I always price UWM against their competitions on every loan.
They are usually better.
How are you going to show UWM is ripping of customers when they are offering the best rate?
You got a serious uphill battle here.
UWM is taking over the mortgage industry for sure. But its because they are better and faster with the best tech and service.
I don’t agree with the UWM ultimatum so i hope that gets overturned.
But brokers send deals to UWM because they are the best across the board.
So not sure how your going to win this going this route.

[@SeekingFreedom369]

You say that but how do you know they are giving the best price in every single scenario? You can’t. Thats the problem. If they were truly the best, they would need the non compete contracts. They’d let the market play out.

[@jsmith91482]

@@SeekingFreedom369 Why bother to look for maybe, hopefully, that there is a better rate when there probably isn't? Easy and convenient is worth a premium too.

[@R-Imperial23]

@@SeekingFreedom369it’s not like someone can’t go to another broker to shop them rates as well. Find customers who are unhappy or stfu

[@FieldWordsworth-m5n]

Williams Robert Clark Shirley Gonzalez Kenneth

[@DarrenLaub-h7e]

Douglas Pines

[@Chitown_Illini]

So - you are a hedge fund that shorted the stock and are now putting out this garbage hit-piece to tank the stock price. Seems a bit unethical to me. Maybe even fraudulent?

[@thisoneguy3935]

whats garbage about it, I see it in live time when I price out loans, UWM does rip off the borrower cuz their brokers don't shop and UWM got rid of their free pricing tool cuz it was so obvious.

[@Chitown_Illini]

@@thisoneguy3935 Brokers are free to shop as long as it's not Rocket / Fairway. In most cases, UWM is cheaper anyway. But, for those instances where they are not, their technology and other services (time to close) are worth it for the broker / borrower.

[@R-Imperial23]

@@thisoneguy3935nope. That isn’t true.

[@ThomasMartin-m9x]

Jones Linda Williams Scott Clark Ruth

[@MargaritaSimpson-c1p]

Clark Shirley Taylor Matthew Davis Robert

[@Shakeel.Irshad]

😮😮😮