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Going Out On Top? Boston Celtics For Sale After NBA Title, Large Contracts Handed To Star Players
Tuesday, July 2, 2024 - 3:34pm | 1264The Boston Celtics won their 18th NBA championship in the 2023-2024 season. The team could be under new ownership soon, with the owners looking to move on after guiding the team to two championships and locking up several star players long-term. What Happened: Investors have limited options when it...
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Mat Ishbia Buys Phoenix Suns: How The Purchase Could Take A Mortgage Rivalry To The NBA
Wednesday, December 21, 2022 - 5:37pm | 1151The sale of the Phoenix Suns of the NBA was announced Tuesday. The deal marked the largest deal in league history with the NBA team and WNBA’s Phoenix Mercury valued at $4 billion. Here’s a look at the sale and the potential new NBA rivalry it could be creating. What Happened: The...
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How Clover Mortgage Is Helping Metro Detroiters Save On Homeownership As Rates Begin To Climb
Wednesday, May 18, 2022 - 8:59am | 1022Through the pandemic, Americans went on a homebuying spree. Amidst trends accelerated by work-from-home and pandemic isolation, families, some of which were first-time home buyers, drew on an already limited supply. In light of supply chokepoints and robust demand, home prices rose and, with it, so...
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Why UWM Holdings Stock Is Soaring Today
Friday, November 19, 2021 - 10:48am | 250UWM Holdings Corp (NYSE: UWMC) is trading significantly higher Friday after the company announced it will accelerate its buyback plan "in lieu of previously announced secondary offering and concurrent stock repurchase." UWM Holdings terminated its previously announced secondary...
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UWM Holdings To Pay Michigan State Basketball, Football Players For Social Media Promotion In NIL Deal
Wednesday, September 8, 2021 - 5:42pm | 532One of the largest mortgage companies in the country is stepping up its marketing plan using the new NCAA name, image and likeness rule. What Happened: UWM Holdings Corp (NYSE: UWMC), which went public in one of the largest SPAC deals ever, is partnering with Michigan State basketball and football...
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Could UWM Be The Next Target For Reddit Traders?
Wednesday, May 19, 2021 - 8:11am | 320UWM Holdings Corp (NYSE: UWMC) could be the next stock to make a GameStop Corp (NYSE: GME)-type of rally amid recent chatter on Reddit threads, according to an article from the Detroit Free Press. What To Know: Traders on the subreddit r/wallstreetbets are well-known for targeting stocks with high...
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UWM Holdings Stock Falls On Q1 Report, Share Buyback Announcement
Monday, May 10, 2021 - 4:52pm | 273UWM Holdings Corporation (NYSE: UWMC), which went public via a special purpose acquisition company earlier this year, reported first-quarter results Monday. The company had loan volume of $49.1 billion in the first quarter and net income of $860 million. Earnings of 33 cents per share missed a 47-...
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Fintech Focus Roundup For March 7, 2021
Sunday, March 7, 2021 - 10:19am | 1087Aston Martin Cognizant Formula One Team, Crypto.com Announce Partnership Ahead of its 2021 Formula One car launch, the Aston Martin Cognizant Formula One Team announced it signed a multi-year deal with Crypto.com, to collaborate on exclusive experiences. Crypto.com is a fast-growing cryptocurrency...
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United Wholesale Mortgage Begins Trading On The NYSE: Here's What It Means For The Market
Friday, January 22, 2021 - 9:01am | 566Pontiac, Michigan-based United Wholesale Mortgage Holdings Corporation (NYSE: UWMC), home to one of the largest retail mortgage lenders, begins trading Friday on the New York Stock Exchange. The development comes after the company closed a merger with special purpose acquisition company Gores...
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Fintech Focus Roundup For October 17, 2020
Saturday, October 17, 2020 - 9:42am | 3676Meet Q.ai, The App That's Disrupting Hedge Funds The Nitty-Gritty: Though trading apps like Robinhood democratize financial markets, they don’t allow investors the tools to properly manage investments. That’s according to Stephen Mathai-Davis, a former institutional investment...
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Fintech Focus Roundup For September 26, 2020
Friday, September 25, 2020 - 6:09pm | 2006United Wholesale Mortgage CEO Talks IPO Plans What's Happened: On the heels of a record year, Pontiac, Michigan-based United Wholesale Mortgage announced this week it will merge with special purpose acquisition company Gores Holdings IV Inc in a deal that would value the firm at $16.1 billion...
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Fintech Focus For September 25, 2020
Thursday, September 24, 2020 - 6:18pm | 2049Quote Of The Day: War is what happens when language fails. - Margaret Atwood Fintech Movers: NYCE, a fintech geared towards real estate investing, formally announced it became the fastest real estate company to raise $1 million through the Regulation CF, on the Wefunder and Republic investing...
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United Wholesale Mortgage CEO Talks IPO Plans, Lending Technology And Brokers
Thursday, September 24, 2020 - 3:52pm | 514On the heels of a record year, Pontiac, Michigan-based United Wholesale Mortgage announced this week it will merge with special purpose acquisition company Gores Holdings IV Inc (NASDAQ: GHIV) in a deal that would value the firm at $16.1 billion. The combined company will list on the Nasdaq...
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Could Interest-Only Mortgages' Return Mean Lenders Are Sliding To Pre-Crisis Habits?
Thursday, July 9, 2015 - 12:42pm | 505United Wholesale Mortgage (UWM), the second-largest U.S. provider of mortgages through brokers, recently announced that it will once again be expanding access to interest-only mortgages. Benzinga had the chance to speak with UWM CEO Mat Ishbia about the change in policy and whether it is...