Mortgage servicer ready to negotiate with UWM — but it wants cash, not stock
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A mortgage servicer is reportedly open to negotiating with UWM, but only if the deal involves cash, not stock. However, there is uncertainty surrounding the outcome of the negotiations, with some outlets suggesting UWM may have lost the acquisition battle to CrossCountry Mortgage, while others indicate a deal may still be possible. The status of UWM's potential acquisition of Two Harbors remains unclear, with conflicting reports on whether a deal has been reached and under what terms.
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