About this episode

The episode discusses the bailout of United Wholesale Mortgage by Cross Country Mortgage and its implications for the mortgage market.

Today’s show dives into big news in the mortgage industry as mortgage giant United Wholesale Mortgage is bailed out by Cross Country Mortgage. David and Christian break down how UWM’s attempt to purchase mortgage servicer Two Harbors imploded on them and triggered a stock sell off and some rough financial earnings. The show breaks down how wholesaling lending works and how this will affect the mortgage market. You’ll learn a ton today!

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