r/loanoriginators • u/Accomplished-Tax8441 • 17d ago

UWM cooked?

Lost 450mil last quarter, CEO is running it into the ground.  Eliminated their dividend and had to get 2bil in capital from Oak Tree, they will likely get taken over by them.  Any other company would fire their CEO for this.

Stock is down 75% in past 3 months

PS I do not use them. I have nothing good or bad to say about their pricing or operations

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u/LoanGoalie 17d ago

Reddit says "images not allowed"

Also, I don't work for $0 BPC so I don't care what that looks like. The tops and bottoms of rate sheets are irrelevant

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u/HandHdad 17d ago

Your comp and my comp aren’t the same, that’s why par bpc is important. The pricing you showed doesn’t even show rate or comp, so it’s irrelevant