UWM Rolls Out ‘Refi Shield’ Amid Court Victories
Last Friday, mortgage rates fell to 6.63%, the lowest in five months, following a stock market sell-off. United Wholesale Mortgage (UWM) affirmed its “All In” policy in court, penalizing brokers who work with Rocket Mortgage and Fairway Independent Mortgage, and introduced “Refi Shield 100” to reclaim loans from Mr. Cooper Group. Employers added 228,000 new jobs in March, but the unemployment rate rose to 4.2% as the labor force participation rate increased. The inventory of unsold new homes reached a 15-year high of 119,000 in February 2025.



