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UWMC Jul 2024 8.000 call
- Benzinga
UWM Defends New Zero Down Mortgage Amid Industry Backlash, 'We Believe In It So Much'
United Wholesale Mortgage (NYSE:UWMC) is supporting its new 0% down payment product despite skepticism from market watchers who draw parallels to the risky loans that triggered the 2008 financial crisis.The program, launched in May, provides borrowers with a 3% down payment second lien of up to $15,000 and has been met with enthusiasm and concern. According to a CNN report, critics have labeled it a red flag, reminiscent of the lending practices that contributed to the Great Financial Crisis. Ho
- Simply Wall St.
UWM Holdings (NYSE:UWMC) Has Announced A Dividend Of $0.10
UWM Holdings Corporation ( NYSE:UWMC ) has announced that it will pay a dividend of $0.10 per share on the 11th of...
- Fortune
Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats
United Wholesale Mortgage announced a 0% down program last month, and since then it’s been all the rage, but people are split: Does it eliminate a barrier or will it launch us into another subprime mortgage crisis?
