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Coatue Leads Funding Round for Real-Estate Startup Side

Coatue Leads Funding Round for Real-Estate Startup Side
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United Wholesale Mortgage Plunges Despite 822% Profit Jump

United Wholesale Mortgage Plunges Despite 822% Profit Jump Bloomberg 2/4/2021 Shahien Nasiripour © Bloomberg Single-family homes are seen in this aerial photograph taken over a Lennar Corp. development in San Diego, California, U.S., on Tuesday, Sept. 1, 2020. U.S. sales of previously owned homes surged by the most on record in July as lower mortgage rates continued to power a residential real estate market that’s proving a key source of strength for the economic recovery. (Bloomberg) UWM Holdings Corp., one of the nation’s largest mortgage lenders, reported $1.4 billion in net income as the newly public company capped its most profitable year ever.

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