UWM Now Dominating The Mortgage Market
Company leads in origination volume for 2nd straight quarter, claimed 54% of wholesale channel in Q4 2022.
Company leads in origination volume for 2nd straight quarter, claimed 54% of wholesale channel in Q4 2022.
Jay Farner, outgoing CEO, says company is focused on growth in the purchase mortgage market.
Financial services company expects acquisition by TD Bank to be completed in first half of this year.
Bank reports 4Q earnings cut in half due to settlements, fewer mortgage originations.
JPMorgan Chase, Bank of America each post strong 4Q 2022 results.
Reports strong Q3 earnings, with net income and overall originations up from Q2.
Loan originator and servicer saw earnings fall 25% from 2Q, but mortgage servicing portfolio grew.