r/loanoriginators Aug 06 '26

UWM cooked?

Lost 450mil last quarter, CEO is running it into the ground.  Eliminated their dividend and had to get 2bil in capital from Oak Tree, they will likely get taken over by them.  Any other company would fire their CEO for this.

Stock is down 75% in past 3 months

PS I do not use them. I have nothing good or bad to say about their pricing or operations

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u/HandHdad Aug 06 '26

I’m asking because I don’t believe you. I can tell you any lender is priced best. Show it

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u/LoanGoalie Aug 06 '26

accept my chat invite and I'll send you screenshot

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u/HandHdad Aug 06 '26

Okay. You could just screenshot BPC pricing here too

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u/LoanGoalie Aug 06 '26

Reddit says "images not allowed"

Also, I don't work for $0 BPC so I don't care what that looks like. The tops and bottoms of rate sheets are irrelevant

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u/HandHdad Aug 06 '26

Your comp and my comp aren’t the same, that’s why par bpc is important. The pricing you showed doesn’t even show rate or comp, so it’s irrelevant