UWM's $603 Million Derivatives Loss Raises Questions Over Hedging and Capital Strategy
Companies

UWM's $603 Million Derivatives Loss Raises Questions Over Hedging and Capital Strategy

A $27.5 billion rate position lost $603 million in Q2, cutting UWM's book equity 38%, as analysts ask why the hedge rema...

Declan Byrne 👁 52 💬 0
UWM's $452M Loss and $2.05B Capital Raise Leave Mortgage Brokers Unshaken
Companies

UWM's $452M Loss and $2.05B Capital Raise Leave Mortgage Brokers Unshaken

Brokers say the wholesale lender's speed and technology still outweigh pricing gaps after a $451.9 million second-quarte...

Declan Byrne 👁 43 💬 0