(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/9386...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/1...021/255109
https://www.bankrate.com/mortgages/top-m...s-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/busine...644819002/