These 2 Stocks Are the Real (Estate) Deal
Right now, the mortgage banking sector is red hot. It's experiencing its best year since the salad days of the real estate bubble about 15 years ago, with the Mortgage Bankers Association predicting $3 trillion in mortgage origination volume in 2020.
At the same time, we are seeing mortgage companies go public, with Rocket Companies (NYSE: RKT), the parent of Quicken Loans, doing so recently, and now crosstown rival United Wholesale Mortgage going public via a potential merger with a special purpose acquisition company (SPAC) called Gores Holdings IV (NASDAQ: GHIV).
Are you an investor interested in getting in on the mortgage banking sector's current popularity? Here are two mortgage originators that are indeed the real deal and worth further investigation.
Source Fool.com
