Analysts at Keefe, Bruyette & Woods (KBW) said UWM Holdings Corp., the publicly traded parent company of United Wholesale Mortgage (UWM), is positioned for continued growth despite elevated interest rates. It points to expanded broker market share, in-house technology investments and a push to bring mortgage servicing operations fully in-house.

In a research note published Thursday following UWM’s investor day on Wednesday, KBW analysts Bose George and Frankie Labetti maintained a “market perform” rating on UWM with a $4.50 price target. “While we believe UWMC shares are fairly valued, the company remains very well positioned to capitalize on higher volumes details ⇒

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