UWM Holdings: A Good Value Play For Long-Term Investors
With its stock trading at a forward earnings multiple of only 6x, one would be forgiven for thinking that UWM Holdings Corp. (NYSE:UWMC) is one of the most undervalued mortgage companies in the U.S.
What UWM Does
UWM is the #1 wholesale mortgage lender in the U.S. and has held that position for six consecutive years. The company holds a 34% market share and continues to expand its operations at an unprecedented pace. UWM works with independent mortgage brokers across the U.S. to assist them in…