Update: Rocket Companies & United Wholesale Mortgage
May 14, 2021 | In this issue of The Institutional Risk Analyst Premium Service, we take a look at the Q1 2021 results for United Wholesale Mortgage (NYSE:UWMC) and Rocket Companies (NYSE:RKT). Market valuations for both firms have suffered in recent days due to the selloff related to heightened inflation fears, but in truth the declining volumes and profit levels in the mortgage sector justified an adjustment.
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