Hunterbrook Media, a new hedge fund and news org, releases a short report accusing UWM of unfair practices. UWM responds, calling the report unethical.
Wall Street has been booming over the past week following the Fed's decision to leave rates unchanged and the potential for future rate cuts. Amid the recent gains, mortgage stocks have especially benefitted from changing economic factors, particularly the decline in the U.S.
Shares of home mortgage lender UWM Holdings Corp (NASDAQ: UWMC) are trading higher Wednesday on the heels of the company's third-quarter financial results.