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Macro Finance

Top US Mortgage Lender Plunges Most Ever After Pausing Dividend

Bloomberg Markets·August 6, 2026·1 min read

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. The plunge was the largest ever for the company, reflecting investor shock at the financial results and dividend pause.

Read at Bloomberg Markets
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