Here's Why UWM Believes Brokers Are Better
Last year was a terrible year for the mortgage space. The Fed raised the Federal Funds rate aggressively in order to combat inflation, which pushed up mortgage rates to the highest level in years.
UWM Holdings (NYSE: UWMC) is the parent company of United Wholesale, which is the largest mortgage originator in the United States. While most companies were experiencing a collapse in volume, UWM held up better than most. What is its secret?
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Source Fool.com
