Why UWM Holdings Stock Sank by 10% in February
Source: Motley Fool
2026-03-08 20:06:34 ET
Investors in mortgage lender UWM Holdings (NYSE: UWMC) had a February nearly as unpleasant as the weather that month. The company's shares lost a bit over 10% of their value in the short month, despite the company reporting record loan volumes in its fourth quarter.
UWM is the indirect parent company of Universal Wholesale Mortgage, which, as its name implies, provides mortgages to third-party sellers (mainly brokers). UWM controls the largest wholesaler, so its size and scope are considerable.
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UWM Holdings Corporation Class A
NASDAQ: UWMC
UWMC Trading
9.51% G/L:
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