|Bid||7.09 x 1400|
|Ask||7.08 x 3100|
|Day's range||6.94 - 7.24|
|52-week range||6.25 - 14.38|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||0.25|
|Earnings date||18 Oct 2021 - 19 Oct 2021|
|Forward dividend & yield||0.40 (5.87%)|
|Ex-dividend date||09 Sep 2021|
|1y target est||8.53|
If there was a way to speed up appraisals in a market where they're often holding loans back, a company should, shouldn't they? Find out the latest move by UWM.
Two of the biggest lenders in the space-Rocket (NYSE: RKT) and UWM Holdings (NYSE: UWMC) have characteristics that make them leaders in their respective markets. Mortgage originators assemble the loan for a prospective homebuyer or homeowner. Unlike banks, which view mortgages as investments, companies like Rocket and UWM Holdings generally do not hold on to the loans they make.
Jason Moser: A couple of stocks we're digging into and learning more about, what stock are you watching this week? A lot of people might remember on the show when we were talking about Better Mortgage going public through a SPAC when Rocket Mortgage (NYSE: RKT) went public, but I was taking all these mortgage companies with a big grain of salt.