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UWM Holdings Corporation Announces Fourth Quarter & Full Year 2024 Results

1. UWM Holdings reported $38.7 billion in Q4 2024 loan originations. 2. Net income for 2024 was $329.4 million, indicating strong profitability.

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FAQ

Why Bullish?

The reported net income and loan volumes suggest solid performance. Historically, strong earnings often boost stock prices.

How important is it?

Earnings reports are critical indicators of a company's financial health, influencing investor decisions.

Why Short Term?

Increased earnings can lead to immediate positive investor sentiment, affecting stock price quickly.

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PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the fourth quarter and full year ended December 31, 2024. Total loan origination volume was $38.7 billion for the fourth quarter 2024 and $139.4 billion for the full year 2024. The Company reported 4Q24 net income of $40.6 million and full year 2024 net income of $329.4 million. Mat Ishbia, Chairman and.

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