United Wholesale Mortgage Nets Record Purchase Loan Originations
Q2 numbers show the lender brought in $59.2 billion in loans between April-June
Q2 numbers show the lender brought in $59.2 billion in loans between April-June
Agent count for the company was up 53 percent to 6,950 professionals
The second quarter report does show significantly lower losses than the $1 billion hit in Q1
The median sales price of single-family existing homes rose in 99 percent of measured metro areas
Net income was down to $144 million, compared to $270 million in Q1 of this year
The company nearly doubled its market share year-over-year, expecting profitability in 2022
The brokerage brought in $392 million, with net income at $43.2 million
The online brokerage saw a 121 percent year-over-year increase
Still, the company saw overall income shrink 93 percent quarter over quarter
Even with a big top line, the company did see income slide quarter over quarter
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