UWM CORP. CL.A O.N.

Morgan Stanley analyst Jeffrey Adelson upgraded UWM Holdings to Overweight from Equal Weight with a price target of $6.50, up from $6. With the prospect of lower rates comes additional refinance mortgage volumes, the analyst tells investors in a research note. The firm says that with the 10-year yield now at or just below 4%, and potentially lower from here, it prefers to be positioned for the prospect of another re-acceleration in refi volumes. It believes UWM is "positioning itself to grab its fair share of refi."» Mehr auf thefly.com

United Wholesale Holdings Corp. is investing heavily in cutting-edge technology and AI to streamline operations and prepare for a potential drop in mortgage rates. CEO Mat Ishbia is optimistic about future growth, citing a surge in employment and readiness to capitalize on lower interest rates. Despite Ishbia's optimism, Seeking Alpha's Quant system rates UWMC shares as overvalued, advising caution due to negative EPS revisions.» Mehr auf seekingalpha.com

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (“UWMC,” or the "Company"), has named Rami Hasani as its new Chief Financial Officer. Mr. Andrew Hubacker will be moving into a senior advisor role effective April 1, 2025. Mr. Hasani will assume the position effective April 1, 2025, and will oversee all financial aspects of the company including accounting, internal and external reporting, financial compliance, tax, treasury and liquidity management, and budgeting and forec.» Mehr auf businesswire.com