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July 31, 2021

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How meme stocks like Gamestop and AMC changed Wall Street

CNBC
CNBC – For more and to sign up click here The GameStop frenzy in late January forced Wall Street to pay attention to retail investors like never before. The r/WallStreetBets community piled into the video game retailer’s stock and options, triggering a short squeeze and leaving short sellers with huge......

United Wholesale Mortgage says its crosstown war with Quicken Loans is paying off

CNBC Real Estate
The CEO of United Wholesale Mortgage on Wednesday defended a recent controversial move in a crosstown battle with rival Quicken Loans. UWM earlier this month said it would no longer work with any mortgage brokers who also conducted business with Quicken and another competitor, Fairway Independent Mortgage in Wisconsin. “I......

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