# Top US Mortgage Lender Suffers Record Plunge After Dividend Suspension

https://mins.news/en/item/15646

- Bloomberg News, 2026-08-07 00:00 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-08-06/top-us-mortgage-lender-plunges-most-ever-after-pausing-dividend?link_source=ta_bluesky_link&taid=6a75200b69018900011c36e5

> Shares of United Wholesale Mortgage, the biggest mortgage lender in the United States, dropped as much as 49% on Thursday. The move marked the company’s steepest decline ever. It came after the lender reported a net loss of $452 million. The company also suspended its dividend for the first time, intensifying the market reaction.