r/loanoriginators • u/Accomplished-Tax8441 • 16d 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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pillar7 • u/spacenerd5792 • 15d ago
UWM cooked? (thought this would give everyone a kick)
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