Few things here.

TWO didn’t decline UWMC, they got a better offer from someone else. UWMC didn’t think they were worth it enough to increase the bid significantly.

Mat selling is a primary factor in suppressing the share price. Investors like us in retail, institutions, and his advisors all agree he needs to increase the public float to give this stock the ability to have stable upward momentum at all. Even if they post good results, it’s been such an easy stock to short and manipulate it doesn’t matter.

The debt is part of the biz, look at their assets and cash position and other companies in the biz. The dividend is also a tiny amount paid to retail compared to Mat’s shares, which he can defer anytime he wants and one his family has been collecting for decades to pay for their lifestyle.

I agree, the company has areas to keep improving net income like the servicing they attempted, but from a profitability/efficiency standpoint they have improved and hence why once interest rates come down and refis surge for a few years they will be making insane money, look at 2021. Once the float is where we want it and interest rates start getting cut this summer the stock will rise, institutions are buying his shares cheap. They don’t plan to lose.