How Rocket Mortgage, UWM are weathering rising interest rates
Detroit News· 1 week agoRising interest rates, limited inventories and high housing prices are putting pressure on the ...
Mortgage Lenders Are Playing Defense
The Wall Street Journal· 1 day agoWith the average 30-year mortgage rate rising to 5%, home ownership may now be out of reach for millions more...Notably, though, two giant originators,...
UWM Holdings Co. (NYSE:UWMC) Receives Average Recommendation of “Hold” from Brokerages
ETF DAILY NEWS· 1 week agoUWM Holdings Co. (NYSE:UWMC – Get Rating) has earned an average recommendation of “Hold” from the twelve ratings firms that are presently covering the stock, MarketBeat Ratings ...
United Wholesale Mortgage CEO aggressively defends no-layoffs decision to Wall Street
Detroit Free Press· 2 weeks agoUWM is considered the nation's No. 2 mortgage lender by volume, and competing lenders, including Wells Fargo, Troy-based Flagstar Bank and No.1-ranked Rocket ...
UWM shares jump on record purchase volume as profit drops 47%
Detroit News· 2 weeks agoThe Pontiac-based lender that originates mortgages only through independent brokers posted a net...
How Clover Mortgage Is Helping Metro Detroiters Save On Homeownership As Rates Begin To Climb
Benzinga· 3 days agoAs the Fed continues to raise its benchmark interest rates, mortgage rates are expected to follow,...