“The refi boom has not fully materialized, but we have seen a preview of it and were able to capitalize on it instantly while others were caught flat footed,” Mat Ishbia, chairman and CEO of UWM, said Thursday during the lender’s earnings call.
Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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