UWMC News and Press, UWM Holdings Corporation Class A From 10/29/21

UWM Holdings Corporation ( NYSE:UWMC ), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in the U.S., will announce its third quarter 2021 financial results before market opens on Tuesday, November 9, 2021. A press...

Wells Fargo reported earnings Thursday. Despite strong results, the stock is trading down slightly. Here's why traders are showing some caution toward Wells Fargo's upbeat results. In the bigger picture, management is delivering on its vision of an improved Wells Fargo. Gigant...

In a week where the price of bitcoin (BTC-USD) jumped ~13%, two crypto-linked companies led this week's financial gainers. Bringing up the rear, are a couple of fintech companies, two Chilean banks, and a mortgage wholesaler. Financial stocks (with market cap over $2B) making the biggest gain...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Upstart (NASDAQ: UPST ) is a new firm going after the mortgage origination market. It completed its initial public offering (IPO) at $20 in December. Since then, UPST stock has rallied more than 1,300%. Source: Shu...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rocket Companies (NYSE: RKT ) was briefly one of the hottest meme stocks out there. In early March, powered by countless rocket emojis on Reddit’s wallstreetbets, RKT stock catapulted as much as 85% in a si...

With the stock market trading at record highs, finding pockets of value is difficult. Nearly every company is priced for perfection. But investors still find at least one sector unappetizing: mortgage origination, the business of making it possible for people to buy a home. Two of the b...

UWM Holdings has what seems like a fairly mundane mortgage lending business. Despite that, it has become a meme stock favorite. In turn, short sellers have taken huge positions in UWM Holdings. The stock looks cheap, but do the bears have a good argument? For further det...

The mortgage origination downcycle has several years to run, with lots of excess capacity chasing the business. Rocket is pursuing a Home Sale New Paradigm. But so are many other mortgage bankers and realtors. All of this tough competition means years of earnings pressure. The...

Meme stocks hit the mainstream earlier in 2021 when aggressive stock and options buying led to a gamma squeeze and subsequent collapse of GameStop (NYSE: GME) stock. What sets meme stocks apart from ordinary investments is that the meme stocks tend to depend on viral buzz or...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Like many other cryptocurrencies, 2021 has been a wild ride for Bitcoin (CCC: BTC-USD ). And there has been plenty of Bitcoin news along the way making the crypto very volatile. Source: Shutterstock After hitt...