(08-16-2021, 07:56 PM)ken-do-nim Wrote:

Genester Wrote:

(08-16-2021, 12:14 PM)ken-do-nim Wrote:

(08-16-2021, 11:27 AM)fenders53 Wrote: I haven't researched it. Sorry.

It is -44.44% year to date.  I think he likes the 5.56% yield, but it's eroding.  Not long enough track history to make any further judgments.

If I am not mistaken, they are the largest mortgage broker in the nation, ahead of Rocket. I realize the word mortgage is not the most enticing word right now, but at some point the stock will be a value. I am just trying to figure out where this point is :-)

I'd like to know where you are getting your information.  This isn't my area, but UWM Holdings has a market cap of 12 billion.  Wells Fargo, on the other hand, has a market cap of 200 billion.  This is from 2019 https://www.statista.com/statistics/938631/mortgage-lenders-by-loan-value-usa/ 

(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(08-17-2021, 07:37 AM)Genester Wrote:

(08-16-2021, 07:56 PM)ken-do-nim Wrote:

Genester Wrote:

(08-16-2021, 12:14 PM)ken-do-nim Wrote:

(08-16-2021, 11:27 AM)fenders53 Wrote: I haven't researched it. Sorry.

It is -44.44% year to date.  I think he likes the 5.56% yield, but it's eroding.  Not long enough track history to make any further judgments.

If I am not mistaken, they are the largest mortgage broker in the nation, ahead of Rocket. I realize the word mortgage is not the most enticing word right now, but at some point the stock will be a value. I am just trying to figure out where this point is :-)

I'd like to know where you are getting your information.  This isn't my area, but UWM Holdings has a market cap of 12 billion.  Wells Fargo, on the other hand, has a market cap of 200 billion.  This is from 2019 https://www.statista.com/statistics/938631/mortgage-lenders-by-loan-value-usa/ 

Good catch - thanks for checking me! They are the second largest wholesale lender according to these articles:

https://www.mpamag.com/us/news/general/10-biggest-wholesale-lenders-in-2021/255109
https://www.bankrate.com/mortgages/top-mortgage-lenders-of-2020/

They also say they will be the largest mortgage lender by 2024 (YMMV on whether you believe that claim): https://www.detroitnews.com/story/business/2021/06/10/uwm-says-itll-beat-rocket-mortgage-americas-largest-mortgage-lender-2024/7644819002/

(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(08-17-2021, 09:48 AM)vbin Wrote: Any lows buyers? Down 5%

(08-17-2021, 09:48 AM)vbin Wrote: Any lows buyers? Down 5%

(08-17-2021, 08:32 AM)fenders53 Wrote: Genester, you've sparked my interest in the sector.   FINTECH disrupters in general actually as they were very expensive but that seems to be less the case now for the true disruptors.  I did a little reading last night.  Found some intelligent chatter on REDDIT believe it or not.  They seem to have a different business model than Rocket.  Working on thinner margins and gaining significant market share for their efforts.  Might be worth some real research.