UWM CEO says ending subservicing relationship with Mr. Cooper, HousingWire says

UWM Holdings (UWMC) CEO Mat Ishbia gave his thoughts about Rocket Companies’ (RKT) deal to buy Mr. Cooper (COOP) on a Wednesday morning sales call with broker partners, according to HousingWire, which quotes the executive as having said: “The truth is, it’s fantastic. Because sometimes if you think someone is someone, and you don’t really know, and then you see who they really are, it’s very clear.” UWM’s Ishbia stated that the company was ending its subservicing relationship and said he plans on getting loans back from Mr. Cooper, reported HousingWire’s James Kleimann.