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#Stonks: $UWMC, $FNMAT, $FMCCK, $MBI, $PRME ;
#Crypto Degen: $ETH, $HYPE, $ZRO

[NerdcapKTD @NerdcapK]

$UWMC earnings are tomorrow. I expect to see .10-.13 in eps (a beat) & possibly more w/ a favorable MSR mark on what is probably the second best q1 the company has had. Hard to gauge read through to share price; Q4 was really good too but Mat electing to not take questions and

[Colin Robertson @mortgagetruth]

Top mortgage lenders of 2025...

Of note, UWM #1 for third year in a row.

No home builder's captive lenders in the top 10.

And former mortgage giant Wells Fargo back in.

[NerdcapKTD @NerdcapK]

$uwmc is on track to have the second best q1 ever based on incoming Ginnie volume. Currently trading under $4

[NerdcapKTD @NerdcapK]

As predicted, $UWMC is going to have a great q1 for originations. Not as good as q4 2025, but close. For a q1, historically the weakest qtr for origination, that's remarkable.

[NerdcapKTD @NerdcapK]

Following $two debacle, Mat should look at selling a private placement (5% dilutive & 5% from his own hoard) to someone like Blackstone, who are sitting on 200 billion in capital & looking for real world AI plays, which $UWMC has proven (Mia, 4x underwriting efficiency, etc)

[ThePersistence @ScottPresler]

Every Senator that fled DC to get on a plane for home must immediately return back to the Senate to fully fund the Department of Homeland Security & TSA agents.

You signed up for this job when you ran for the US Senate.

This isn’t a game — get back to work.

[InMortgageFinance @IMFpubs]

Trump’s recent EO charges the FHFA director with simplifying the qualification requirements for appraisers and reducing appraisal requirements for low-risk transactions. By “low-risk transactions,” it means low LTV ratio refinances and small-balance loans. https://t.co/AD2Y9Ay9pR

[NerdcapKTD @NerdcapK]

Mat is getting the scenario he outlined in q3 2025 where there is a strong origination qtr and the 10yr ramps "to 4.40 or something and I get a $400m mark and you guys all say good job." Q2 guide is going to be weak if war ongoing but q1 is prob going to look great $UWMC

[NerdcapKTD @NerdcapK]

$UWMC merger with $TWO is dead.

CrossCountry, on behalf of TWO, agreed to pay the termination fee of $25.4 million to UWMC in accordance with the terms of the UWMC merger agreement.

[NerdcapKTD @NerdcapK]

$UWMC should let the deal die and pocket the 25 million break up fee. UWM is going to originate 100 billion plus in loan vol this year; their MSR book will grow just fine on its own.

[Bloomberg @business]

Fannie Mae and Freddie Mac have begun placing sizable orders to buy mortgage-backed securities, stepping into a market roiled by widening bond spreads and a surge in volatility. https://t.co/Top0C54gvx

[Fanniegate Hero - Fanniegate HQ @DoNotLose]

.@pulte @FHFA @SecScottBessent @realDonaldTrump @RealOmeedMalik We all need to remind FHFA that since 3.14.25 confirmation of Pulte the entities have lost over 20% of their market cap. Dude has executed a major pump with all of his tv appearances and harmed innocent people $fnma #fanniegate what is the phrase ? Something about born on third base. Tommy boy. This guy has been swerving wildly out of his lane playing chicken with oncoming traffic with his tv appearances.

[Nick shirley @nickshirleyy]

🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP.

We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians.

It is time to EXPOSE IT ALL and end America's fraud crisis.

[Eric Daugherty @EricLDaugh]

🚨 JUST IN: President Trump signs HOUSING AFFORDABILITY executive orders

Trump's orders help surge construction of new housing and SLASH regulations tied to mortgages

This is crucial for the midterms!

“Layers of unnecessary regulatory barriers, slow permitting processes, and onerous mandates at all levels of government have delayed construction, restricted development, and driven up the costs of new housing." 🇺🇸

"These constraints have made housing less affordable for many Americans.” per AP

[InMortgageFinance @IMFpubs]

Rocket Mortgage delivered $7.59 billion in loans to the GSEs in February. Although its merger with Mr. Cooper made Rocket’s king-of-the-hill status seem like a sure thing, United Wholesale Mortgage gave it a run for its money by delivering $7.16 billion. https://t.co/Tf2oK8Mqkx

[Eleanor Mueller @Eleanor_Mueller]

👀 Trump "will sign bold new executive orders on housing in the coming days," White House spokesperson Davis Ingle says in response to @Punchbowl's reporting.

Ingle's full statement: "This is not accurate whatsoever. The truth is that President Trump has been laser-focused on making housing more affordable."

"The President signed an Executive Order prohibiting large Wall Street firms from purchasing single-family homes, directed Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds that helped drive rates to four-year lows, and cut unnecessary red tape at a historic pace to boost supply, speed construction, and lower costs."

"The President will not stop fighting until the American Dream of homeownership is within reach for every American, which is why he will sign bold new executive orders on housing in the coming days. At the same time, President Trump has made clear publicly that passing the SAVE America Act is Congress's most urgent priority right now to strengthen election integrity and protect our democracy."

[Pulte @pulte]

Mortgage rates are down. Inflation is down. Spring selling season is upon us. Fannie and Freddie employees are in the office. The businesses are more efficient than ever. The teams are focused on ROE, and generating returns, like a business should. Thanks to President T!

[United Wholesale Mortgage @UWMlending]

Proud to celebrate an incredible milestone:

For the 4th consecutive year, we've been No. 1 overall lender and the top wholesale lender for eleven consecutive years! Grateful for our exceptional broker partners and dedicated team members who made this possible!

[NerdcapKTD @NerdcapK]

Bullish $UWMC

[NerdcapKTD @NerdcapK]

@GardinerIsland I do wonder if he's selling to raise capital he can put back into the business when new capital rules for banks come out. It's certainly possible warehouse lines could come under pressure in that scenario. Questions on q4 sure would have been nice. Cc @Mishbia15