UWM Launches NonQM Program for Jumbo Loan Borrowers

first_imgUWM Launches Non-QM Program for Jumbo Loan Borrowers Company News Jumbo Loans Qualified Mortgage United Wholesale Mortgage 2014-04-15 Tory Barringer Share April 15, 2014 510 Views center_img in Headlines, News, Origination United Wholesale Mortgage (UWM), one of the nation’s largest wholesale lenders, announced the launch of its new ‘Big & Easy Plus’ program designed for jumbo loans that don’t fit the Qualified Mortgage (QM) criteria.According to the company, the program allows for a debt-to-income ratio (DTI) range of 43.01–49 percent; loan amounts ranging from $417,001–$1.5 million; FICO scores of 740 and higher; and loan-to-value ratios as high as 75 percent.“There are a lot of borrowers that currently do not fit into the QM category,” said Mat Ishbia, president and CEO of Michigan-based UWM. “Our Big & Easy Plus program gives UWM clients the flexibility to originate a ‘make sense’ loan for Jumbo borrowers with higher DTIs, helping expand their pipelines.”UWM’s originators can log into the company’s broker portal, EASE, or access its recently launched mobile app to review the full set of guidelines and parameters.last_img read more

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Go back to the enewsletter In celebration of its p

first_imgGo back to the enewsletterIn celebration of its partnership with chic French dining phenomenon Diner en Blanc, Marriott International has introduced a new cocktail and dining series across its Sydney properties, inspired by the event’s French heritage and exclusive all-white theme.The chefs and bartenders at Marriott International’s five city properties – Sydney Harbour Marriott Hotel at Circular Quay, The Westin Sydney, Sheraton Grand Sydney Hyde Park, Four Points by Sheraton Sydney, Central Park, and Pier One Sydney Harbour, Autograph Collection – have created their very own Diner en Blanc-inspired menus, available from today in the lead-up to the white pop-up picnic, taking place on 17 November.Scallops and pork – Four Points by Sheraton Sydney Central Park“We are absolutely delighted to announce that Marriott International is the official 2018 hotel partner for Diner en Blanc in Sydney, and thrilled to present a new menu in celebration of, and inspired by, the event’s French culture and striking white aesthetic,” said Florencia Aimo, Area Director of Marketing, Australia, New Zealand and the Pacific, Marriott International.The White Burger – Pier One Sydney Harbour Autograph Collection“Marriott International shares Diner en Blanc’s passion for extraordinary events and exceptional cuisine, and we saw this partnership as a natural extension of our food and beverage offering here in Sydney. At Marriott we appreciate how closely food and travel are entwined, and our focus is on expanding and enhancing our dining venues by working with local profiles, events and suppliers to present fresh and engaging experiences to our guests.”The Picnic in the Park – Sheraton Grand Sydney Hyde ParkThe new Diner en Blanc cocktails will be available at Sydney hotels until 26 January 2019 and are designed to invoke thoughts of springtime picnics in the French countryside. Each hotel has its own guest Diner en Blanc cocktail, incorporating a signature French infusion of flavours like Lillet Blanc, Cointreau or St. Germain Elderflower eau-de-vie.Marriott International’s all-white dining menu joins the cocktail menu for a limited period, and will be available across the city until 30 November 2018.Lemon Drop by Pier One Sydney Harbour Autograph CollectionFor attendees wanting to stay at one of Marriott International’s Sydney properties following Diner en Blanc, there is also an exclusive overnight package starting from $280.Diner en Blanc has become a cultural icon since its inception 30 years ago in Paris, when founder François Pasquier invited a group of friends to an elegant picnic, asking them to dress in white. Since that first dinner, the event has grown to more than 70 cities worldwide.Participation in the Diner en Blanc event is either by personal referral or wait-list invitation only, and its exclusivity draws crowds of some 20,000 in Sydney each year. The event location changes annually, and is a closely guarded secret, to be revealed only as attendees in white descend for the city’s most anticipated and stylish pop-up picnic.For more information regarding Marriott’s Diner en Blanc cocktail and dining collection, or to book a stay, visit www.meeteatdrink.com.au/whats-on.Go back to the enewsletterlast_img read more

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