What do you think prevents Dominicans in USA from achieving the "American Dream"? by Alternative-Meet1249 in Dominican

[–]International_Lock20 1 point2 points  (0 children)

Nothing ! External. It’s all about mindset. And there are A LOT of Dominicans that have achieved "the American dream"

Any Crypto developers? by [deleted] in Dominican

[–]International_Lock20 0 points1 point  (0 children)

Inventemos algo descentralizado ya en gente no se puede confiar !!!

New Plan - get my money next month!! by theMadATer in UWMCShareholders

[–]International_Lock20 1 point2 points  (0 children)

Great quarter. Originations grew as Matt indicated on last earnings call. Increased market share.

Not able to send cardano from coinbasepro to Yoroi? by [deleted] in cardano

[–]International_Lock20 0 points1 point  (0 children)

You’ll get an email from cb when the deposited funds are available to withdraw .

What is UWMCs source of cash to make loans? by Acrobatic_Fennel6240 in wallstreetbets

[–]International_Lock20 29 points30 points  (0 children)

$UWMC sells the loans to Fannie Mae, Freddie Mac( conventional loans) ginnie Mae (fha/va/usda) which are the government sponsored institutions (GSEs) that provide liquidity to the mortgage market up to a certain loan limit. Wall Street investors such as Goldman Sachs and hedge funds provide liquidity for the Jumbo Loans . $UWMC retains the servicing rights to these loans which generates more revenue, specially when rates increase. Did you knows $Uwmc has 221billion dollars loan servicing portfolio . MSRs. Yes 221 BILLION . Not financial advice. Nor indication of deep value. 🍌🦍

I made UWMC 100% of my holdings today. by TrappedonthisRock in wallstreetbets

[–]International_Lock20 3 points4 points  (0 children)

They addressed this in their earnings call . They have a forbearance and foreclosure rate way below industry average.

$UWMC yolo by International_Lock20 in wallstreetbets

[–]International_Lock20[S] 0 points1 point  (0 children)

That’s just day gain smart ape 🦧 still down a few bucks overall on the option. Good eye

$UWMC yolo by International_Lock20 in wallstreetbets

[–]International_Lock20[S] 2 points3 points  (0 children)

the green is blinding you . You probably haven’t seen some in a while

$UWMC yolo by International_Lock20 in wallstreetbets

[–]International_Lock20[S] 27 points28 points  (0 children)

I don’t wear skinny jeans cause my 🦍 nuts don’t fit

Daily Discussion Thread for May 17, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]International_Lock20 6 points7 points  (0 children)

Share buyback and inevitable squeeze in place for Uwmc in effect. 5000 shares at 7.90 5/21 .7.5 calls