UWM reported a net income of $228.8 million in the second quarter, on origination volume of $31.8 billion.
Rocket Companies, the parent of Rocket Mortgage, posted $139 million in 2Q net income.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Estimated reading time: 0 minutes, 20 seconds
UWM, Rocket Return to Profitability in 2Q
United Wholesale Mortgage and rival Rocket Companies have each announced a swing back to the black in the second quarter of 2023 after two consecutive quarterly losses. So reports The Real Deal.
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