Here's Why UWM Corp. Is Optimistic About the Future

·3 min read
Here's Why UWM Corp. Is Optimistic About the Future

The mortgage banking business is a story of feast and famine. The past two years have been a feast after the Federal Reserve cut rates to zero in order to stimulate the economy, which triggered a boom in refinance activity. Despite a challenging environment, UWM Corp. (NYSE: UWMC), the parent of United Wholesale, is aggressively working to take market share and is optimistic about what the future looks like for its brand of mortgage banking.