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Mat Ishbia Buys Phoenix Suns: How The Purchase Could Take A Mortgage Rivalry To The NBA
Wednesday, December 21, 2022 - 5:37pm | 1151Read More...The sale of the Phoenix Suns of the NBA was announced Tuesday. The deal marked the largest deal in league history with the NBA team and WNBA’s Phoenix Mercury valued at $4 billion. Here’s a look at the sale and the potential new NBA rivalry it could be creating. What Happened: The...
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UWM CEO Talks Reddit-Fueled Stock Volatility, Russell Inclusion
Friday, March 5, 2021 - 1:11pm | 610Read More...In light of the volatility impacting stocks in the mortgage space like Rocket Companies Inc (NYSE: RKT) and UWM Holdings Corporation (NYSE: UWMC), fueled in large part by commentaries on online forums like Reddit's WallStreetBets, Benzinga spoke with Mat Ishbia, CEO at United Wholesale...
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Fintech Focus For January 25, 2021
Monday, January 25, 2021 - 12:47am | 3113Read More...Quote To Start The Day: You can't be a real networker unless you’re connected. Source: Michael Gruen One Big Thing In Fintech: Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps...
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United Wholesale Mortgage Begins Trading On The NYSE: Here's What It Means For The Market
Friday, January 22, 2021 - 9:01am | 566Read More...Pontiac, Michigan-based United Wholesale Mortgage Holdings Corporation (NYSE: UWMC), home to one of the largest retail mortgage lenders, begins trading Friday on the New York Stock Exchange. The development comes after the company closed a merger with special purpose acquisition company Gores...
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Fintech Focus Roundup For October 17, 2020
Saturday, October 17, 2020 - 9:42am | 3676Read More...Meet Q.ai, The App That's Disrupting Hedge Funds The Nitty-Gritty: Though trading apps like Robinhood democratize financial markets, they don’t allow investors the tools to properly manage investments. That’s according to Stephen Mathai-Davis, a former institutional investment...
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United Wholesale Mortgage Releases Pre-IPO Q3 Results: What You Need To Know
Tuesday, October 13, 2020 - 4:08pm | 257Read More...Pontiac, Michigan-based United Wholesale Mortgage, a wholesale mortgage lender, released third-quarter financial results Tuesday that show closed loan volumes of $54.2 billion, an 81% year-over-year increase. United Heads For Public Markets: This release comes in the wake of United...
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Kevin O'Leary Shares SPAC Picks, Impressions
Wednesday, September 30, 2020 - 4:26pm | 639Read More...Entrepreneur and "Shark Tank" judge Kevin O’Leary shared his takeaways on special purpose acquisition companies Tuesday on CNBC’s "Halftime Report." Investing in Leadership: O’Leary said it’s smart to invest in operators with a "long track...
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Fintech Focus Roundup For September 26, 2020
Friday, September 25, 2020 - 6:09pm | 2006Read More...United Wholesale Mortgage CEO Talks IPO Plans What's Happened: On the heels of a record year, Pontiac, Michigan-based United Wholesale Mortgage announced this week it will merge with special purpose acquisition company Gores Holdings IV Inc in a deal that would value the firm at $16.1 billion...
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Fintech Focus For September 25, 2020
Thursday, September 24, 2020 - 6:18pm | 2049Read More...Quote Of The Day: War is what happens when language fails. - Margaret Atwood Fintech Movers: NYCE, a fintech geared towards real estate investing, formally announced it became the fastest real estate company to raise $1 million through the Regulation CF, on the Wefunder and Republic investing...
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United Wholesale Mortgage CEO Talks IPO Plans, Lending Technology And Brokers
Thursday, September 24, 2020 - 3:52pm | 514Read More...On the heels of a record year, Pontiac, Michigan-based United Wholesale Mortgage announced this week it will merge with special purpose acquisition company Gores Holdings IV Inc (NASDAQ: GHIV) in a deal that would value the firm at $16.1 billion. The combined company will list on the Nasdaq...
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Could Interest-Only Mortgages' Return Mean Lenders Are Sliding To Pre-Crisis Habits?
Thursday, July 9, 2015 - 12:42pm | 505Read More...United Wholesale Mortgage (UWM), the second-largest U.S. provider of mortgages through brokers, recently announced that it will once again be expanding access to interest-only mortgages. Benzinga had the chance to speak with UWM CEO Mat Ishbia about the change in policy and whether it is...
