Bloomberg Markets · 1 min read

Top US Mortgage Lender Plunges Most Ever After Pausing Dividend

Shares in United Wholesale Mortgage fell by a record 49% Thursday, after the country’s biggest mortgage lender announced a net loss of $452 million and suspended its dividend for the first time.

This is a summary aggregated from Bloomberg Markets. Read the complete article on the original site:

Read full article at Bloomberg Markets

More Business & Finance News