MSR Markdown Prompts Another Loss for United Wholesale

Inside Mortgage Finance, May 10, 2023–Brandon Ivey
Margins improved significantly at United Wholesale Mortgage in the first quarter of 2023 but a markdown on mortgage servicing rights led to a loss for the quarter.
https://www.insidemortgagefinance.com/articles/227769-msr-markdown-prompts-another-loss-for-united-wholesale?v=preview