"Compass Point's initiation of UWM Holdings centers on the company's strong position in the wholesale mortgage origination market. The firm assigned a $8.50 price target, reflecting confidence in UWM's ability to capitalize on its dominant broker channel and improving origination environment. UWM posted total origination volume of $49.61 billion in Q4 2025, its highest since 2021, with refinance originations nearly doubling sequentially to $30.69 billion."
"For Rocket Companies, Compass Point's $21 price target and Buy initiation reflect the firm's view on Rocket's digital platform leadership and market share potential. Rocket completed its acquisition of Mr. Cooper, described as the largest independent mortgage deal in history, and reported closed origination volume of $32.4 billion in Q3 2025, up 14% year-over-year."
Compass Point has made significant moves in the mortgage finance sector by initiating Buy coverage on UWM Holdings Corp. and Rocket Companies Inc., while upgrading SLR Investment Corp. to Buy from Neutral. UWM Holdings, a wholesale mortgage leader, achieved record origination volume of $49.61 billion in Q4 2025 with full-year 2025 revenue reaching $3.16 billion, up 65.83% year-over-year. Rocket Companies, a digital mortgage platform, completed its acquisition of Mr. Cooper and reported closed origination volume of $32.4 billion in Q3 2025, up 14% year-over-year. These ratings reflect confidence in the companies' market positions amid favorable rate dynamics, with the 10-year Treasury yield at 4.15% near its 12-month low and the Fed funds rate at 3.75%.
Read at 24/7 Wall St.
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