20-quarter listed-company comparison

Mortgage Finance Stocks

Mortgage Finance: Rocket Companies, Inc. owns the largest revenue base AND the fastest current growth.

01 · the industry itself · before any single company

How has Mortgage Finance moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 68% behind S&P 500. Earnings across its companies grew 38% on average over the last four reported quarters.

BASING · 1y −30.5%✓Fundamentals up, price down0 of 8 companies ahead of S&P 500 by 5% or more over three months2 are 20% or more behind over a year while earnings grew 20% or more

RS — · 0/8 >200d (+0) · 0/8 lead (+0) · EPS 7/8↑

Mortgage Finance, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 8 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

02 · sector relative strength, before individual stocks

Is Mortgage Finance outperforming S&P 500?

Mortgage Finance has underperformed S&P 500 by 27.9% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 19%. 0 of 9 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Velocity Financial, Inc. is the strongest against the sector itself at +23.9%.

-19.0%Sector vs S&P 500 · 13 weeks

-27.9%Sector vs S&P 500 · 52 weeks

0/9Stocks leading S&P 500

5/9Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: current leadership is concentrated, so durability matters more than rank.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Mortgage Finance has underperformed S&P 500 by 27.9% over 52 weeks and 19% over 13 weeks. 0 of 9 covered companies beat the S&P 500 on Mansfield relative strength, while 5 of 9 beat the sector itself. Rocket Companies, Inc. leads with income of $8,598 million, based on 8 of 9 comparable companies through Mar 2026.

Companies

complete canonical membership

Combined market value

$50.7B

Rocket Companies, Inc.

Revenue growing

7/8

positive TTM year-on-year growth

Beating S&P 500

0/9

positive Mansfield relative strength

Comparing 5 of 9

03 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%

Velocity Financial, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 61.7% evidence confidence.

Walker & Dunlop, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Company	Score	Price stage	Growth & earnings/35	Capital efficiency/25	Valuation/20	Relative strength/20
1Velocity Financial, Inc.VEL	62.7/100Mixed-positive evidence62% evidence	BASING	23.1/35 Income 19.5% · PAT 52.1% 55% evidence	13.4/25 ROA — · ROE 3.5% · GNPA — 34% evidence	8.6/20 P/BV 1.02× · P/BV÷ROE 0.29 70% evidence	17.6/20 RS sector 23.9% · RS bench -13.9% · 1Y 1.4%0 of 12 weeks ahead 100% evidence
Exact sum: 23.1 + 13.4 + 8.6 + 17.6 = 62.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Onity Group Inc.ONIT	55.7/100Thin evidence · provisional56% evidence	BASING	22.7/35 Income 26.5% · PAT 100% 55% evidence	11.1/25 ROA — · ROE 1.3% · GNPA — 34% evidence	7.8/20 P/BV 0.52× · P/BV÷ROE 0.4 70% evidence	14.1/20 RS sector 19.9% · RS bench -17% · 1Y -0.6%0 of 12 weeks ahead 70% evidence
Exact sum: 22.7 + 11.1 + 7.8 + 14.1 = 55.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3Rocket Companies, Inc.RKT	51.0/100Thin evidence · provisional53% evidence	ASLEEP	22.2/35 Income 78.4% · PAT 100% 29% evidence	11.4/25 ROA — · ROE 1.9% · GNPA — 34% evidence	4.6/20 P/BV 1.73× · P/BV÷ROE 0.91 70% evidence	12.8/20 RS sector 9.5% · RS bench -25.4% · 1Y -16.1%0 of 12 weeks ahead 100% evidence
Exact sum: 22.2 + 11.4 + 4.6 + 12.8 = 51 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Walker & Dunlop, Inc.WD	46.1/100Mixed-negative evidence62% evidence	ASLEEP	13.3/35 Income 14.2% · PAT -22.6% 55% evidence	11.4/25 ROA — · ROE 1% · GNPA — 34% evidence	5.4/20 P/BV 0.86× · P/BV÷ROE 0.86 70% evidence	16.0/20 RS sector 10.5% · RS bench -25.3% · 1Y -35.9%3 of 12 weeks ahead 100% evidence
Exact sum: 13.3 + 11.4 + 5.4 + 16 = 46.1 · Decision use: Price leads the evidence: RS versus the benchmark is -25.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
5UWM Holdings CorporationUWMC	42.0/100Thin evidence · provisional53% evidence	BASING	21.2/35 Income 29.2% · PAT — 29% evidence	13.8/25 ROA — · ROE 10.5% · GNPA — 34% evidence	6.4/20 P/BV 4.93× · P/BV÷ROE 0.47 70% evidence	0.6/20 RS sector -39.1% · RS bench -60.1% · 1Y -56.9%0 of 12 weeks ahead 100% evidence
Exact sum: 21.2 + 13.8 + 6.4 + 0.6 = 42 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6Better Home & Finance Holding CompanyBETR	40.0/100Thin evidence · provisional53% evidence	ASLEEP	18.6/35 Income 53% · PAT — 29% evidence	14.9/25 ROA — · ROE 105.5% · GNPA — 34% evidence	5.4/20 P/BV 68.51× · P/BV÷ROE 0.65 70% evidence	1.1/20 RS sector -35.5% · RS bench -56.9% · 1Y 32.6%0 of 12 weeks ahead 100% evidence
Exact sum: 18.6 + 14.9 + 5.4 + 1.1 = 40 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7Greystone Housing Impact Investors LPGHI	32.2/100Thin evidence · provisional58% evidence	TURNING	5.3/35 Income -10.8% · PAT -183.3% 71% evidence	5.7/25 ROA -1.6% · ROE -6.1% · GNPA — 68% evidence	9.8/20 P/BV 0.31× · P/BV÷ROE — 10% evidence	11.4/20 RS sector 9.8% · RS bench -26.3% · 1Y -42.5%1 of 12 weeks ahead 70% evidence
Exact sum: 5.3 + 5.7 + 9.8 + 11.4 = 32.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8PennyMac Financial Services, Inc.PFSI	39.2/100Thin evidence · provisional46% evidence	BASING	16.9/35 Income — · PAT — 10% evidence	10.9/25 ROA — · ROE 0.5% · GNPA — 34% evidence	3.8/20 P/BV 1.05× · P/BV÷ROE 2.1 70% evidence	7.6/20 RS sector -3.8% · RS bench -35.1% · 1Y -21.5%0 of 12 weeks ahead 100% evidence
Exact sum: 16.9 + 10.9 + 3.8 + 7.6 = 39.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9loanDepot, Inc.LDI	36.2/100Thin evidence · provisional41% evidence	ASLEEP	14.7/35 Income 8.2% · PAT — 29% evidence	8.4/25 ROA — · ROE -13.6% · GNPA — 34% evidence	9.5/20 P/BV 2.34× · P/BV÷ROE — 10% evidence	3.6/20 RS sector -30.9% · RS bench -55.1% · 1Y -39.3%0 of 12 weeks ahead 100% evidence
Exact sum: 14.7 + 8.4 + 9.5 + 3.6 = 36.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

04 · what price has already done

Market action

Better Home & Finance Holding Company has the strongest one-year price move in Mortgage Finance at +32.6%. Velocity Financial, Inc. leads on Mansfield relative strength against the S&P 500 at -13.9%. 0 of 9 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.

Price and relative strength

Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Income Scale & Growth Durability

Rocket Companies, Inc. has the highest Income among the 9 Mortgage Finance companies compared here, at $8,598 million. UWM Holdings Corporation is next at $3,076 million. The same company also holds the highest Income growth, at 78.4%. 8 of 9 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Rocket Companies, Inc. is the scale leader at $8,598 million, 179.5% ahead of UWM Holdings Corporation. Rocket Companies, Inc.'s growth is 78.4% from a $8,598 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderRocket Companies, Inc. · $8,598 million

Gap179.5% versus #2 · UWM Holdings Corporation

Persistence6/8 recent comparable periods

Coverage8/9 companies · 169 observations

Investor read: Rocket Companies, Inc. is the scale benchmark; Rocket Companies, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Rocket Companies, Inc.'s growth falls below Rocket Companies, Inc.'s for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.

Incomelargest

1Rocket Companies, Inc. RKT$8.6B

2UWM Holdings Corporation UWMC$3.1B

3Walker & Dunlop, Inc. WD$1.3B

4loanDepot, Inc. LDI$1.2B

5Onity Group Inc. ONIT$802M

Income growthfastest growers

1Rocket Companies, Inc. RKT78%

2Better Home & Finance Holding Company BETR53%

3UWM Holdings Corporation UWMC29%

4Onity Group Inc. ONIT27%

5Velocity Financial, Inc. VEL20%

Income · company comparison

8/9 level · 8/9 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Income	Income growth	Reported
Rocket Companies, Inc. RKT	$2.9B	167%	Mar 2026
UWM Holdings Corporation UWMC	$901M	47%	Mar 2026
PennyMac Financial Services, Inc. PFSI	$545M	26%	Jun 2026
Walker & Dunlop, Inc. WD	$297M	27%	Mar 2026
loanDepot, Inc. LDI	$286M	4.4%	Mar 2026
Onity Group Inc. ONIT	$209M	24%	Mar 2026
Velocity Financial, Inc. VEL	$85M	23%	Mar 2026
Better Home & Finance Holding Company BETR	$47M	52%	Mar 2026
Greystone Housing Impact Investors LP GHI	$22M	-8.3%	Mar 2026

Full 20-quarter history · every available company

Income · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021—

Dec 2021$252M

Mar 2022$212M

Jun 2022—

Sep 2022$31M

Dec 2022$4M

Mar 2023$19M

Jun 2023$31M

Sep 2023$19M

Dec 2023$7M

Mar 2024$22M

Jun 2024$32M

Sep 2024$29M

Dec 2024$25M

Mar 2025$31M

Jun 2025$44M

Sep 2025$44M

Dec 2025$44M

Mar 2026$47M

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 2021$18M

Dec 2021$20M

Mar 2022$19M

Jun 2022$17M

Sep 2022$23M

Dec 2022$22M

Mar 2023$25M

Jun 2023$28M

Sep 2023$26M

Dec 2023$25M

Mar 2024$22M

Jun 2024$22M

Sep 2024$24M

Dec 2024$23M

Mar 2025$24M

Jun 2025$24M

Sep 2025$22M

Dec 2025$15M

Mar 2026$22M

Jun 2026—

loanDepot, Inc. · LDI

Sep 2021$924M

Dec 2021$705M

Mar 2022$503M

Jun 2022$309M

Sep 2022$274M

Dec 2022$170M

Mar 2023$208M

Jun 2023$272M

Sep 2023$266M

Dec 2023$229M

Mar 2024$223M

Jun 2024$265M

Sep 2024$315M

Dec 2024$257M

Mar 2025$274M

Jun 2025$283M

Sep 2025$323M

Dec 2025$310M

Mar 2026$286M

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021$162M

Dec 2021$240M

Mar 2022$153M

Jun 2022$132M

Sep 2022$146M

Dec 2022$136M

Mar 2023$145M

Jun 2023$150M

Sep 2023$136M

Dec 2023$299M

Mar 2024$148M

Jun 2024$150M

Sep 2024$172M

Dec 2024$144M

Mar 2025$168M

Jun 2025$160M

Sep 2025$194M

Dec 2025$239M

Mar 2026$209M

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 2021$787M

Dec 2021$694M

Mar 2022$658M

Jun 2022$512M

Sep 2022$476M

Dec 2022$340M

Mar 2023$303M

Jun 2023$337M

Sep 2023$400M

Dec 2023$362M

Mar 2024$306M

Jun 2024$406M

Sep 2024$412M

Dec 2024$470M

Mar 2025$431M

Jun 2025$445M

Sep 2025$633M

Dec 2025$538M

Mar 2026$545M

Jun 2026—

Rocket Companies, Inc. · RKT

Sep 2021$3.1B

Dec 2021$2.6B

Mar 2022$2.7B

Jun 2022$1.4B

Sep 2022$1.3B

Dec 2022$481M

Mar 2023$666M

Jun 2023$1.2B

Sep 2023$1.2B

Dec 2023$694M

Mar 2024$1.4B

Jun 2024$1.3B

Sep 2024$647M

Dec 2024$1.8B

Mar 2025$1.1B

Jun 2025$1.4B

Sep 2025$1.6B

Dec 2025$2.7B

Mar 2026$2.9B

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 2021$690M

Dec 2021$605M

Mar 2022$822M

Jun 2022$564M

Sep 2022$684M

Dec 2022$302M

Mar 2023$161M

Jun 2023$588M

Sep 2023$677M

Dec 2023$-115M

Mar 2024$586M

Jun 2024$622M

Sep 2024$746M

Dec 2024$400M

Mar 2025$613M

Jun 2025$759M

Sep 2025$843M

Dec 2025$573M

Mar 2026$901M

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 2021$22M

Dec 2021$23M

Mar 2022$16M

Jun 2022$30M

Sep 2022$27M

Dec 2022$30M

Mar 2023$37M

Jun 2023$39M

Sep 2023$45M

Dec 2023$52M

Mar 2024$54M

Jun 2024$55M

Sep 2024$56M

Dec 2024$87M

Mar 2025$69M

Jun 2025$86M

Sep 2025$86M

Dec 2025$62M

Mar 2026$85M

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 2021$345M

Dec 2021$406M

Mar 2022$329M

Jun 2022$346M

Sep 2022$314M

Dec 2022$282M

Mar 2023$250M

Jun 2023$273M

Sep 2023$268M

Dec 2023$274M

Mar 2024$228M

Jun 2024$268M

Sep 2024$289M

Dec 2024$337M

Mar 2025$234M

Jun 2025$317M

Sep 2025$337M

Dec 2025$337M

Mar 2026$297M

Jun 2026—

Income growth · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022-98%

Mar 2023-91%

Jun 2023—

Sep 2023-39%

Dec 202375%

Mar 202416%

Jun 20243.2%

Sep 202453%

Dec 2024257%

Mar 202541%

Jun 202538%

Sep 202552%

Dec 202576%

Mar 202652%

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 20226.3%

Sep 202228%

Dec 202210%

Mar 202332%

Jun 202365%

Sep 202313%

Dec 202314%

Mar 2024-12%

Jun 2024-21%

Sep 2024-7.7%

Dec 2024-8.0%

Mar 20259.1%

Jun 20259.1%

Sep 2025-8.3%

Dec 2025-35%

Mar 2026-8.3%

Jun 2026—

loanDepot, Inc. · LDI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-60%

Sep 2022-70%

Dec 2022-76%

Mar 2023-59%

Jun 2023-12%

Sep 2023-2.9%

Dec 202335%

Mar 20247.2%

Jun 2024-2.6%

Sep 202418%

Dec 202412%

Mar 202523%

Jun 20256.8%

Sep 20252.5%

Dec 202521%

Mar 20264.4%

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-34%

Sep 2022-9.9%

Dec 2022-43%

Mar 2023-5.2%

Jun 202314%

Sep 2023-6.9%

Dec 2023120%

Mar 20242.1%

Jun 20240.0%

Sep 202426%

Dec 2024-52%

Mar 202514%

Jun 20256.7%

Sep 202513%

Dec 202566%

Mar 202624%

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-31%

Sep 2022-40%

Dec 2022-51%

Mar 2023-54%

Jun 2023-34%

Sep 2023-16%

Dec 20236.5%

Mar 20241.0%

Jun 202420%

Sep 20243.0%

Dec 202430%

Mar 202541%

Jun 20259.6%

Sep 202554%

Dec 202514%

Mar 202626%

Jun 2026—

Rocket Companies, Inc. · RKT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-48%

Sep 2022-58%

Dec 2022-81%

Mar 2023-75%

Jun 2023-11%

Sep 2023-7.1%

Dec 202344%

Mar 2024108%

Jun 20245.3%

Sep 2024-46%

Dec 2024155%

Mar 2025-20%

Jun 20254.5%

Sep 2025148%

Dec 202552%

Mar 2026167%

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202216%

Sep 2022-0.9%

Dec 2022-50%

Mar 2023-80%

Jun 20234.3%

Sep 2023-1.0%

Dec 2023-138%

Mar 2024264%

Jun 20245.8%

Sep 202410%

Dec 2024—

Mar 20254.6%

Jun 202522%

Sep 202513%

Dec 202543%

Mar 202647%

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202225%

Sep 202223%

Dec 202230%

Mar 2023131%

Jun 202330%

Sep 202367%

Dec 202373%

Mar 202446%

Jun 202441%

Sep 202424%

Dec 202467%

Mar 202528%

Jun 202556%

Sep 202554%

Dec 2025-29%

Mar 202623%

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202221%

Sep 2022-9.0%

Dec 2022-31%

Mar 2023-24%

Jun 2023-21%

Sep 2023-15%

Dec 2023-2.8%

Mar 2024-8.8%

Jun 2024-1.8%

Sep 20247.8%

Dec 202423%

Mar 20252.6%

Jun 202518%

Sep 202517%

Dec 20250.0%

Mar 202627%

Jun 2026—

06 · compare level, then change

Profit Scale & Acceleration

UWM Holdings Corporation has the highest Net profit among the 9 Mortgage Finance companies compared here, at $660 million. Rocket Companies, Inc. is next at $275 million. Onity Group Inc. has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: UWM Holdings Corporation leads with $660 million of TTM profit, 140% above Rocket Companies, Inc.. Onity Group Inc. shows ≥100% on the scoring scale (576.9% uncapped) growth from a $176 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderUWM Holdings Corporation · $660 million

Gap140% versus #2 · Rocket Companies, Inc.

Persistence3/8 recent comparable periods

Coverage8/9 companies · 171 observations

Investor read: UWM Holdings Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.

Net profitlargest

1UWM Holdings Corporation UWMC$660M

2Rocket Companies, Inc. RKT$275M

3Onity Group Inc. ONIT$176M

4Velocity Financial, Inc. VEL$108M

5Walker & Dunlop, Inc. WD$72M

Profit growthfastest growers

1Onity Group Inc. ONIT100%

2Velocity Financial, Inc. VEL52%

3Walker & Dunlop, Inc. WD-23%

4Greystone Housing Impact Investors LP GHI-183%

Net profit · company comparison

8/9 level · 4/9 change

All-company data · latest reported quarter

Company	Net profit	Profit growth	Reported
Rocket Companies, Inc. RKT	$297M	-90%	Mar 2026
UWM Holdings Corporation UWMC	$170M	300%	Mar 2026
PennyMac Financial Services, Inc. PFSI	$82M	7.9%	Jun 2026
Velocity Financial, Inc. VEL	$22M	16%	Mar 2026
Walker & Dunlop, Inc. WD	$18M	500%	Mar 2026
Onity Group Inc. ONIT	$8M	-64%	Mar 2026
Greystone Housing Impact Investors LP GHI	$1M	-50%	Mar 2026
Better Home & Finance Holding Company BETR	$-49M	-2,300%	Mar 2026
loanDepot, Inc. LDI	$-55M	-400%	Mar 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021$-2M

Dec 2021$-190M

Mar 2022$-329M

Jun 2022$2M

Sep 2022$-227M

Dec 2022$-251M

Mar 2023$-88M

Jun 2023$-44M

Sep 2023$-340M

Dec 2023$-61M

Mar 2024$-51M

Jun 2024$-41M

Sep 2024$-54M

Dec 2024$-59M

Mar 2025$-46M

Jun 2025$-36M

Sep 2025$-39M

Dec 2025$-40M

Mar 2026$-49M

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 2021$13M

Dec 2021$8M

Mar 2022$26M

Jun 2022$18M

Sep 2022$19M

Dec 2022$3M

Mar 2023$17M

Jun 2023$21M

Sep 2023$10M

Dec 2023$6M

Mar 2024$11M

Jun 2024$5M

Sep 2024$-5M

Dec 2024$10M

Mar 2025$2M

Jun 2025$-7M

Sep 2025$2M

Dec 2025$-6M

Mar 2026$1M

Jun 2026—

loanDepot, Inc. · LDI

Sep 2021$154M

Dec 2021$15M

Mar 2022$-91M

Jun 2022$-224M

Sep 2022$-137M

Dec 2022$-158M

Mar 2023$-92M

Jun 2023$-50M

Sep 2023$-34M

Dec 2023$-60M

Mar 2024$-72M

Jun 2024$-66M

Sep 2024$3M

Dec 2024$-67M

Mar 2025$-41M

Jun 2025$-25M

Sep 2025$-9M

Dec 2025$-33M

Mar 2026$-55M

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021$22M

Dec 2021$-2M

Mar 2022$58M

Jun 2022$10M

Sep 2022$37M

Dec 2022$-80M

Mar 2023$-40M

Jun 2023$16M

Sep 2023$9M

Dec 2023$-48M

Mar 2024$30M

Jun 2024$11M

Sep 2024$21M

Dec 2024$-28M

Mar 2025$22M

Jun 2025$22M

Sep 2025$19M

Dec 2025$127M

Mar 2026$8M

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 2021$249M

Dec 2021$173M

Mar 2022$174M

Jun 2022$129M

Sep 2022$135M

Dec 2022$38M

Mar 2023$30M

Jun 2023$58M

Sep 2023$93M

Dec 2023$-37M

Mar 2024$39M

Jun 2024$98M

Sep 2024$69M

Dec 2024$104M

Mar 2025$76M

Jun 2025$136M

Sep 2025$182M

Dec 2025$107M

Mar 2026$82M

Jun 2026—

Rocket Companies, Inc. · RKT

Sep 2021$1.4B

Dec 2021$865M

Mar 2022$1.0B

Jun 2022$60M

Sep 2022$96M

Dec 2022$-493M

Mar 2023$-411M

Jun 2023$139M

Sep 2023$115M

Dec 2023$-233M

Mar 2024$291M

Jun 2024$178M

Sep 2024$-481M

Dec 2024$649M

Mar 2025$-212M

Jun 2025$34M

Sep 2025$-124M

Dec 2025$68M

Mar 2026$297M

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 2021$330M

Dec 2021$240M

Mar 2022$453M

Jun 2022$215M

Sep 2022$326M

Dec 2022$-62M

Mar 2023$-139M

Jun 2023$229M

Sep 2023$301M

Dec 2023$-461M

Mar 2024$181M

Jun 2024$76M

Sep 2024$32M

Dec 2024$41M

Mar 2025$-247M

Jun 2025$314M

Sep 2025$12M

Dec 2025$164M

Mar 2026$170M

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 2021$8M

Dec 2021$8M

Mar 2022$3M

Jun 2022$11M

Sep 2022$10M

Dec 2022$8M

Mar 2023$11M

Jun 2023$12M

Sep 2023$12M

Dec 2023$17M

Mar 2024$17M

Jun 2024$15M

Sep 2024$16M

Dec 2024$21M

Mar 2025$19M

Jun 2025$26M

Sep 2025$25M

Dec 2025$35M

Mar 2026$22M

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 2021$72M

Dec 2021$80M

Mar 2022$71M

Jun 2022$54M

Sep 2022$47M

Dec 2022$38M

Mar 2023$27M

Jun 2023$26M

Sep 2023$21M

Dec 2023$29M

Mar 2024$11M

Jun 2024$20M

Sep 2024$29M

Dec 2024$41M

Mar 2025$3M

Jun 2025$34M

Sep 2025$33M

Dec 2025$-13M

Mar 2026$18M

Jun 2026—

Profit growth · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023-2,300%

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202280%

Sep 202246%

Dec 2022-63%

Mar 2023-35%

Jun 202317%

Sep 2023-47%

Dec 2023100%

Mar 2024-35%

Jun 2024-76%

Sep 2024-150%

Dec 202467%

Mar 2025-82%

Jun 2025-240%

Sep 2025—

Dec 2025-160%

Mar 2026-50%

Jun 2026—

loanDepot, Inc. · LDI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-962%

Sep 2022-189%

Dec 2022-1,153%

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025-400%

Dec 2025—

Mar 2026—

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 202268%

Dec 2022—

Mar 2023-169%

Jun 202360%

Sep 2023-76%

Dec 2023—

Mar 2024—

Jun 2024-31%

Sep 2024133%

Dec 2024—

Mar 2025-27%

Jun 2025100%

Sep 2025-9.5%

Dec 2025—

Mar 2026-64%

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-37%

Sep 2022-46%

Dec 2022-78%

Mar 2023-83%

Jun 2023-55%

Sep 2023-31%

Dec 2023-197%

Mar 202430%

Jun 202469%

Sep 2024-26%

Dec 2024—

Mar 202595%

Jun 202539%

Sep 2025164%

Dec 20252.9%

Mar 20267.9%

Jun 2026—

Rocket Companies, Inc. · RKT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-94%

Sep 2022-93%

Dec 2022-157%

Mar 2023-140%

Jun 2023132%

Sep 202320%

Dec 2023—

Mar 2024—

Jun 202428%

Sep 2024-518%

Dec 2024—

Mar 2025-173%

Jun 2025-81%

Sep 2025—

Dec 2025-90%

Mar 2026—

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202255%

Sep 2022-1.2%

Dec 2022-126%

Mar 2023-131%

Jun 20236.5%

Sep 2023-7.7%

Dec 2023—

Mar 2024—

Jun 2024-67%

Sep 2024-89%

Dec 2024—

Mar 2025-236%

Jun 2025313%

Sep 2025-63%

Dec 2025300%

Mar 2026—

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202222%

Sep 202225%

Dec 20220.0%

Mar 2023267%

Jun 20239.1%

Sep 202320%

Dec 2023113%

Mar 202455%

Jun 202425%

Sep 202433%

Dec 202424%

Mar 202512%

Jun 202573%

Sep 202556%

Dec 202567%

Mar 202616%

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-3.6%

Sep 2022-35%

Dec 2022-53%

Mar 2023-62%

Jun 2023-52%

Sep 2023-55%

Dec 2023-24%

Mar 2024-59%

Jun 2024-23%

Sep 202438%

Dec 202441%

Mar 2025-73%

Jun 202570%

Sep 202514%

Dec 2025-132%

Mar 2026500%

Jun 2026—

07 · compare level, then change

Funding Base & Its Composition

Better Home & Finance Holding Company has the highest Deposits among the 9 Mortgage Finance companies compared here, at $763 million. Velocity Financial, Inc. has the highest Borrowings at $12,689 million, so level and change sit with different companies. 1 of 9 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Better Home & Finance Holding Company leads deposits at $763 million; Velocity Financial, Inc. leads borrowings at $12,689 million.

LeaderBetter Home & Finance Holding Company · $763 million

GapNot enough peers

Persistence8/8 recent comparable periods

Coverage1/9 companies · 11 observations

Investor read: Better Home & Finance Holding Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.

Depositslargest deposit bases

1Better Home & Finance Holding Company BETR$763M

Borrowingslargest borrowings

1Velocity Financial, Inc. VEL$12.7B

2Onity Group Inc. ONIT$11.5B

3Rocket Companies, Inc. RKT$10.4B

4PennyMac Financial Services, Inc. PFSI$6.3B

5UWM Holdings Corporation UWMC$3.0B

Funding base · company comparison

1/9 level · 8/9 change

All-company data · latest reported quarter

Company	Deposits	Borrowings	Reported
Better Home & Finance Holding Company BETR	$763M	$199M	Mar 2026
Rocket Companies, Inc. RKT	—	$10.4B	Mar 2026
PennyMac Financial Services, Inc. PFSI	—	$6.3B	Jun 2026
UWM Holdings Corporation UWMC	—	$3.0B	Mar 2026
Velocity Financial, Inc. VEL	—	$12.7B	Mar 2026
loanDepot, Inc. LDI	—	$2.1B	Mar 2026
Onity Group Inc. ONIT	—	$11.5B	Mar 2026
Greystone Housing Impact Investors LP GHI	—	$1.1B	Mar 2026

Full 20-quarter history · every available company

Deposits · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023$11M

Sep 2023$10M

Dec 2023$12M

Mar 2024$12M

Jun 2024$37M

Sep 2024$98M

Dec 2024$134M

Mar 2025$261M

Jun 2025$482M

Sep 2025$695M

Dec 2025$763M

Mar 2026—

Jun 2026—

Borrowings · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021$0M

Dec 2021$0M

Mar 2022$0M

Jun 2022$0M

Sep 2022$0M

Dec 2022$0M

Mar 2023$0M

Jun 2023$0M

Sep 2023$0M

Dec 2023$515M

Mar 2024$515M

Jun 2024$516M

Sep 2024$518M

Dec 2024$520M

Mar 2025$521M

Jun 2025$200M

Sep 2025$199M

Dec 2025$199M

Mar 2026$199M

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 2021$795M

Dec 2021$895M

Mar 2022$941M

Jun 2022$999M

Sep 2022$1.0B

Dec 2022$1.1B

Mar 2023$1.2B

Jun 2023$1.2B

Sep 2023$1.1B

Dec 2023$1.1B

Mar 2024$997M

Jun 2024$1.1B

Sep 2024$1.1B

Dec 2024$1.2B

Mar 2025$1.1B

Jun 2025$1.1B

Sep 2025$1.1B

Dec 2025$1.1B

Mar 2026$1.1B

Jun 2026—

loanDepot, Inc. · LDI

Sep 2021$1.4B

Dec 2021$1.6B

Mar 2022$1.9B

Jun 2022$2.4B

Sep 2022$2.3B

Dec 2022$2.3B

Mar 2023$2.3B

Jun 2023$2.2B

Sep 2023$2.2B

Dec 2023$2.3B

Mar 2024$2.3B

Jun 2024$2.0B

Sep 2024$2.0B

Dec 2024$2.0B

Mar 2025$0M

Jun 2025$2.1B

Sep 2025$2.1B

Dec 2025$2.1B

Mar 2026$2.1B

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021$7.4B

Dec 2021$7.5B

Mar 2022$7.7B

Jun 2022$7.8B

Sep 2022$7.8B

Dec 2022$7.9B

Mar 2023$8.1B

Jun 2023$8.1B

Sep 2023$8.2B

Dec 2023$8.4B

Mar 2024$8.5B

Jun 2024$8.6B

Sep 2024$8.7B

Dec 2024$11.8B

Mar 2025$11.1B

Jun 2025$10.7B

Sep 2025$10.4B

Dec 2025$11.0B

Mar 2026$11.5B

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 2021$3.1B

Dec 2021$3.1B

Mar 2022$3.1B

Jun 2022$3.6B

Sep 2022$3.6B

Dec 2022$3.7B

Mar 2023$4.3B

Jun 2023$4.3B

Sep 2023$4.5B

Dec 2023$4.4B

Mar 2024$4.5B

Jun 2024$4.9B

Sep 2024$4.9B

Dec 2024$5.2B

Mar 2025$5.7B

Jun 2025$5.5B

Sep 2025$6.2B

Dec 2025$6.2B

Mar 2026$6.3B

Jun 2026$6.3B

Rocket Companies, Inc. · RKT

Sep 2021$5.2B

Dec 2021$6.0B

Mar 2022$5.8B

Jun 2022$5.2B

Sep 2022$4.9B

Dec 2022$4.7B

Mar 2023$5.2B

Jun 2023$5.1B

Sep 2023$5.1B

Dec 2023$4.3B

Mar 2024$5.0B

Jun 2024$5.0B

Sep 2024$4.2B

Dec 2024$4.0B

Mar 2025$4.1B

Jun 2025$8.1B

Sep 2025$8.6B

Dec 2025$10.4B

Mar 2026$10.4B

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 2021$1.5B

Dec 2021$2.0B

Mar 2022$2.0B

Jun 2022$2.0B

Sep 2022$2.0B

Dec 2022$2.0B

Mar 2023$2.0B

Jun 2023$2.0B

Sep 2023$2.0B

Dec 2023$2.0B

Mar 2024$2.0B

Jun 2024$2.0B

Sep 2024$2.0B

Dec 2024$2.8B

Mar 2025$2.8B

Jun 2025$2.8B

Sep 2025$3.8B

Dec 2025$3.0B

Mar 2026$3.0B

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 2021$1.8B

Dec 2021$2.1B

Mar 2022$2.2B

Jun 2022$2.7B

Sep 2022$2.9B

Dec 2022$2.9B

Mar 2023$3.1B

Jun 2023$3.2B

Sep 2023$3.4B

Dec 2023$3.5B

Mar 2024$3.7B

Jun 2024$4.0B

Sep 2024$4.1B

Dec 2024$4.5B

Mar 2025$4.7B

Jun 2025$5.4B

Sep 2025$5.8B

Dec 2025$6.2B

Mar 2026$12.7B

Jun 2026—

08 · compare level, then change

Return On Assets

Greystone Housing Impact Investors LP has the highest ROA among the 9 Mortgage Finance companies compared here, at -1.6%. The same company also holds the highest ROA change, at -4.2 percentage points. 1 of 9 companies report a comparable reading, the latest through Mar 2026. Its ROA series carries 19 reported observations across the 20-quarter window.

What the numbers say: Greystone Housing Impact Investors LP leads both roa at -1.6% and roa change at -4.2 percentage points.

LeaderGreystone Housing Impact Investors LP · -1.6%

GapNot enough peers

Persistence2/8 recent comparable periods

Coverage1/9 companies · 19 observations

Investor read: Greystone Housing Impact Investors LP sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.

ROAhighest

1Greystone Housing Impact Investors LP GHI-1.6%

ROA changefastest improvers

1Greystone Housing Impact Investors LP GHI−4.2 pp

Return on assets · company comparison

1/9 level · 1/9 change

All-company data · latest reported quarter

Company	ROA	ROA change	Reported
Greystone Housing Impact Investors LP GHI	-1.6%	−4.2 pp	Mar 2026

Full 20-quarter history · every available company

ROA · reported quarter history

Greystone Housing Impact Investors LP · GHI

Sep 20213.4%

Dec 20214.1%

Mar 20222.4%

Jun 20227.6%

Sep 20225.0%

Dec 20225.1%

Mar 20230.8%

Jun 20234.2%

Sep 20235.2%

Dec 20232.4%

Mar 20241.6%

Jun 20242.9%

Sep 20241.4%

Dec 2024-1.2%

Mar 20252.6%

Jun 20250.6%

Sep 2025-1.9%

Dec 20250.5%

Mar 2026-1.6%

Jun 2026—

ROA change · reported quarter history

Greystone Housing Impact Investors LP · GHI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+1.6 pp

Dec 2022+1.0 pp

Mar 2023−1.6 pp

Jun 2023−3.4 pp

Sep 2023+0.2 pp

Dec 2023−2.7 pp

Mar 2024+0.8 pp

Jun 2024−1.3 pp

Sep 2024−3.8 pp

Dec 2024−3.6 pp

Mar 2025+1.0 pp

Jun 2025−2.3 pp

Sep 2025−3.3 pp

Dec 2025+1.7 pp

Mar 2026−4.2 pp

Jun 2026—

09 · compare level, then change

ROE — Leaders & Improvers

Better Home & Finance Holding Company has the highest ROE among the 9 Mortgage Finance companies compared here, at 105.5%. UWM Holdings Corporation is next at 10.5%. UWM Holdings Corporation has the highest ROE change at +22.6 percentage points, so level and change sit with different companies. 9 of 9 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Better Home & Finance Holding Company leads roe at 105.5%; UWM Holdings Corporation leads roe change at +22.6 percentage points.

LeaderBetter Home & Finance Holding Company · 105.5%

Gap10× versus #2 · UWM Holdings Corporation

Persistence3/8 recent comparable periods

Coverage9/9 companies · 172 observations

Investor read: Better Home & Finance Holding Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.

ROEhighest

1Better Home & Finance Holding Company BETR106%

2UWM Holdings Corporation UWMC11%

3Velocity Financial, Inc. VEL3.5%

4Rocket Companies, Inc. RKT1.9%

5Onity Group Inc. ONIT1.3%

ROE changefastest improvers

1UWM Holdings Corporation UWMC+22.6 pp

2Rocket Companies, Inc. RKT+4.4 pp

3Walker & Dunlop, Inc. WD+0.8 pp

4Velocity Financial, Inc. VEL−0.1 pp

5PennyMac Financial Services, Inc. PFSI−3.0 pp

Return on equity · company comparison

9/9 level · 9/9 change

All-company data · latest reported quarter

Company	ROE	ROE change	Reported
Better Home & Finance Holding Company BETR	106%	−250.1 pp	Mar 2026
UWM Holdings Corporation UWMC	11%	+22.6 pp	Mar 2026
Velocity Financial, Inc. VEL	3.5%	−0.1 pp	Mar 2026
Rocket Companies, Inc. RKT	1.9%	+4.4 pp	Mar 2026
Onity Group Inc. ONIT	1.3%	−3.4 pp	Mar 2026
Walker & Dunlop, Inc. WD	1.0%	+0.8 pp	Mar 2026
PennyMac Financial Services, Inc. PFSI	0.5%	−3.0 pp	Jun 2026
Greystone Housing Impact Investors LP GHI	-6.1%	−16.4 pp	Mar 2026
loanDepot, Inc. LDI	-14%	−6.2 pp	Mar 2026

Full 20-quarter history · every available company

ROE · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 20210.0%

Dec 2021-54%

Mar 2022-130%

Jun 20220.0%

Sep 2022-89%

Dec 2022-611%

Mar 2023-69%

Jun 2023254%

Sep 2023-163%

Dec 2023269%

Mar 2024-128%

Jun 202433%

Sep 2024-69%

Dec 2024-184%

Mar 2025356%

Jun 2025-60%

Sep 2025-185%

Dec 2025380%

Mar 2026106%

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 20219.4%

Dec 202111%

Mar 20226.7%

Jun 202223%

Sep 202217%

Dec 202218%

Mar 20233.1%

Jun 202316%

Sep 202319%

Dec 20239.2%

Mar 20246.0%

Jun 20249.9%

Sep 20245.0%

Dec 2024-4.6%

Mar 202510%

Jun 20252.5%

Sep 2025-7.4%

Dec 20252.1%

Mar 2026-6.1%

Jun 2026—

loanDepot, Inc. · LDI

Sep 20219.1%

Dec 20210.9%

Mar 2022-5.6%

Jun 2022-16%

Sep 2022-10%

Dec 2022-12%

Mar 2023-7.8%

Jun 2023-4.9%

Sep 2023-3.7%

Dec 2023-7.4%

Mar 2024-9.7%

Jun 2024-9.6%

Sep 20240.4%

Dec 2024-11%

Mar 2025-7.4%

Jun 2025-5.0%

Sep 2025-1.7%

Dec 2025-7.4%

Mar 2026-14%

Jun 2026—

Onity Group Inc. · ONIT

Sep 20214.8%

Dec 2021-0.4%

Mar 202212%

Jun 20222.1%

Sep 20227.3%

Dec 2022-17%

Mar 2023-8.5%

Jun 20233.2%

Sep 20231.7%

Dec 2023-11%

Mar 20247.1%

Jun 20242.4%

Sep 20244.7%

Dec 2024-6.3%

Mar 20254.7%

Jun 20254.4%

Sep 20253.7%

Dec 202522%

Mar 20261.3%

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 20217.6%

Dec 20215.1%

Mar 20225.0%

Jun 20223.7%

Sep 20223.9%

Dec 20221.1%

Mar 20230.9%

Jun 20231.7%

Sep 20232.6%

Dec 2023-1.1%

Mar 20241.1%

Jun 20242.8%

Sep 20241.9%

Dec 20242.8%

Mar 20252.0%

Jun 20253.5%

Sep 20254.6%

Dec 20252.6%

Mar 20262.0%

Jun 20260.5%

Rocket Companies, Inc. · RKT

Sep 202118%

Dec 20219.8%

Mar 202212%

Jun 20220.7%

Sep 20221.1%

Dec 2022-5.4%

Mar 2023-4.9%

Jun 20231.6%

Sep 20231.3%

Dec 2023-2.8%

Mar 20243.5%

Jun 20242.1%

Sep 2024-5.7%

Dec 20247.5%

Mar 2025-2.5%

Jun 20250.4%

Sep 2025-1.4%

Dec 20250.4%

Mar 20261.9%

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 202119%

Dec 20218.6%

Mar 202215%

Jun 20227.3%

Sep 202210%

Dec 2022-2.0%

Mar 2023-4.6%

Jun 20237.4%

Sep 20239.3%

Dec 2023-16%

Mar 20246.8%

Jun 20242.9%

Sep 20241.2%

Dec 20241.8%

Mar 2025-12%

Jun 202515%

Sep 20250.6%

Dec 20259.0%

Mar 202611%

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 20213.0%

Dec 20213.0%

Mar 20221.1%

Jun 20223.6%

Sep 20223.4%

Dec 20222.3%

Mar 20232.9%

Jun 20233.2%

Sep 20233.1%

Dec 20234.2%

Mar 20244.1%

Jun 20243.3%

Sep 20243.4%

Dec 20244.3%

Mar 20253.6%

Jun 20254.9%

Sep 20254.5%

Dec 20255.8%

Mar 20263.5%

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 20215.7%

Dec 20215.7%

Mar 20224.9%

Jun 20223.7%

Sep 20223.0%

Dec 20222.3%

Mar 20231.6%

Jun 20231.5%

Sep 20231.2%

Dec 20231.7%

Mar 20240.6%

Jun 20241.2%

Sep 20241.6%

Dec 20242.3%

Mar 20250.2%

Jun 20251.9%

Sep 20251.9%

Dec 2025-0.7%

Mar 20261.0%

Jun 2026—

ROE change · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−89.2 pp

Dec 2022−557.3 pp

Mar 2023+61.5 pp

Jun 2023+253.7 pp

Sep 2023−73.7 pp

Dec 2023+880.1 pp

Mar 2024−59.6 pp

Jun 2024−220.7 pp

Sep 2024+94.1 pp

Dec 2024−453.0 pp

Mar 2025+483.9 pp

Jun 2025−92.7 pp

Sep 2025−116.2 pp

Dec 2025+564.2 pp

Mar 2026−250.1 pp

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+7.1 pp

Dec 2022+6.6 pp

Mar 2023−3.6 pp

Jun 2023−7.8 pp

Sep 2023+2.4 pp

Dec 2023−8.8 pp

Mar 2024+2.9 pp

Jun 2024−5.6 pp

Sep 2024−13.9 pp

Dec 2024−13.8 pp

Mar 2025+4.3 pp

Jun 2025−7.4 pp

Sep 2025−12.4 pp

Dec 2025+6.7 pp

Mar 2026−16.4 pp

Jun 2026—

loanDepot, Inc. · LDI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−19.1 pp

Dec 2022−13.3 pp

Mar 2023−2.2 pp

Jun 2023+11.2 pp

Sep 2023+6.3 pp

Dec 2023+5.0 pp

Mar 2024−1.9 pp

Jun 2024−4.7 pp

Sep 2024+4.1 pp

Dec 2024−3.7 pp

Mar 2025+2.3 pp

Jun 2025+4.6 pp

Sep 2025−2.1 pp

Dec 2025+3.7 pp

Mar 2026−6.2 pp

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+2.5 pp

Dec 2022−16.7 pp

Mar 2023−20.4 pp

Jun 2023+1.1 pp

Sep 2023−5.6 pp

Dec 2023+6.0 pp

Mar 2024+15.6 pp

Jun 2024−0.8 pp

Sep 2024+3.0 pp

Dec 2024+4.8 pp

Mar 2025−2.4 pp

Jun 2025+2.0 pp

Sep 2025−1.0 pp

Dec 2025+28.0 pp

Mar 2026−3.4 pp

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−3.7 pp

Dec 2022−4.0 pp

Mar 2023−4.1 pp

Jun 2023−2.0 pp

Sep 2023−1.3 pp

Dec 2023−2.2 pp

Mar 2024+0.2 pp

Jun 2024+1.1 pp

Sep 2024−0.7 pp

Dec 2024+3.9 pp

Mar 2025+0.9 pp

Jun 2025+0.7 pp

Sep 2025+2.7 pp

Dec 2025−0.2 pp

Mar 20260.0 pp

Jun 2026−3.0 pp

Rocket Companies, Inc. · RKT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−16.8 pp

Dec 2022−15.2 pp

Mar 2023−17.1 pp

Jun 2023+0.9 pp

Sep 2023+0.2 pp

Dec 2023+2.6 pp

Mar 2024+8.4 pp

Jun 2024+0.5 pp

Sep 2024−7.0 pp

Dec 2024+10.3 pp

Mar 2025−6.0 pp

Jun 2025−1.7 pp

Sep 2025+4.3 pp

Dec 2025−7.1 pp

Mar 2026+4.4 pp

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−9.2 pp

Dec 2022−10.6 pp

Mar 2023−19.9 pp

Jun 2023+0.1 pp

Sep 2023−0.9 pp

Dec 2023−14.3 pp

Mar 2024+11.4 pp

Jun 2024−4.5 pp

Sep 2024−8.1 pp

Dec 2024+18.1 pp

Mar 2025−18.9 pp

Jun 2025+12.5 pp

Sep 2025−0.6 pp

Dec 2025+7.2 pp

Mar 2026+22.6 pp

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+0.4 pp

Dec 2022−0.7 pp

Mar 2023+1.8 pp

Jun 2023−0.4 pp

Sep 2023−0.3 pp

Dec 2023+1.9 pp

Mar 2024+1.2 pp

Jun 2024+0.1 pp

Sep 2024+0.3 pp

Dec 2024+0.1 pp

Mar 2025−0.5 pp

Jun 2025+1.6 pp

Sep 2025+1.1 pp

Dec 2025+1.5 pp

Mar 2026−0.1 pp

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−2.7 pp

Dec 2022−3.4 pp

Mar 2023−3.3 pp

Jun 2023−2.2 pp

Sep 2023−1.8 pp

Dec 2023−0.6 pp

Mar 2024−1.0 pp

Jun 2024−0.3 pp

Sep 2024+0.4 pp

Dec 2024+0.6 pp

Mar 2025−0.4 pp

Jun 2025+0.7 pp

Sep 2025+0.3 pp

Dec 2025−3.0 pp

Mar 2026+0.8 pp

Jun 2026—

10 · not available

Gross NPA — Leaders & Improvers

No company in this Mortgage Finance comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 9 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.

11 · compare level, then change

Valuation Against Growth & Quality

Velocity Financial, Inc. has the lowest P/BV ÷ ROE among the 9 Mortgage Finance companies compared here, at 0.29×. Onity Group Inc. is next at 0.4×. Greystone Housing Impact Investors LP has the lowest P/BV at 0.31×, so level and change sit with different companies. 7 of 9 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Velocity Financial, Inc. has the lowest comparable P/BV ÷ ROE at 0.29×, 27.5% below Onity Group Inc.. Only 7 of 9 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderVelocity Financial, Inc. · 0.29×

Gap27.5% versus #2 · Onity Group Inc.

Persistence0/8 recent comparable periods

Coverage7/9 companies · 113 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.

P/BV ÷ ROElowest return-adjusted price

1Velocity Financial, Inc. VEL0.3

2Onity Group Inc. ONIT0.4

3UWM Holdings Corporation UWMC0.5

4Better Home & Finance Holding Company BETR0.7

5Walker & Dunlop, Inc. WD0.9

P/BVlowest P/BV

1Greystone Housing Impact Investors LP GHI0.3

2Onity Group Inc. ONIT0.5

3Walker & Dunlop, Inc. WD0.9

4Velocity Financial, Inc. VEL1.0

5PennyMac Financial Services, Inc. PFSI1.1

Valuation · company comparison

7/9 level · 9/9 change

All-company data · latest reported quarter

Company	P/BV ÷ ROE	P/BV	Reported
loanDepot, Inc. LDI	4.1	2.3	Mar 2026
Rocket Companies, Inc. RKT	0.9	1.7	Mar 2026
Walker & Dunlop, Inc. WD	0.9	0.9	Mar 2026
Better Home & Finance Holding Company BETR	0.7	68.5	Mar 2026
PennyMac Financial Services, Inc. PFSI	0.5	1.1	Jun 2026
UWM Holdings Corporation UWMC	0.5	4.9	Mar 2026
Onity Group Inc. ONIT	0.4	0.5	Mar 2026
Velocity Financial, Inc. VEL	0.3	1.0	Mar 2026
Greystone Housing Impact Investors LP GHI	0.2	0.3	Mar 2026

Full 20-quarter history · every available company

P/BV ÷ ROE · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20230.0

Mar 2024—

Jun 20240.2

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 20250.0

Mar 20260.7

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 20210.1

Dec 20210.1

Mar 20220.1

Jun 20220.0

Sep 20220.1

Dec 20220.1

Mar 20230.3

Jun 20230.1

Sep 20230.1

Dec 20230.1

Mar 20240.1

Jun 20240.1

Sep 20240.2

Dec 2024—

Mar 20250.1

Jun 20250.3

Sep 2025—

Dec 20250.2

Mar 2026—

Jun 2026—

loanDepot, Inc. · LDI

Sep 20210.4

Dec 20211.4

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 20244.1

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 20240.2

Sep 20240.1

Dec 2024—

Mar 20250.1

Jun 20250.1

Sep 20250.2

Dec 20250.0

Mar 20260.4

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 20210.1

Dec 20210.2

Mar 20220.2

Jun 20220.2

Sep 20220.2

Dec 20220.7

Mar 20231.0

Jun 20230.6

Sep 20230.4

Dec 2023—

Mar 20241.2

Jun 20240.5

Sep 20240.8

Dec 20240.5

Mar 20250.7

Jun 20250.4

Sep 20250.3

Dec 20250.6

Mar 20260.5

Jun 2026—

Rocket Companies, Inc. · RKT

Sep 20210.3

Dec 20210.6

Mar 20220.5

Jun 20225.4

Sep 20222.9

Dec 2022—

Mar 2023—

Jun 20232.4

Sep 20232.6

Dec 2023—

Mar 20241.7

Jun 20242.6

Sep 2024—

Dec 20240.3

Mar 2025—

Jun 20259.8

Sep 2025—

Dec 20256.0

Mar 20260.9

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 20210.3

Dec 20210.4

Mar 20220.2

Jun 20220.3

Sep 20220.2

Dec 2022—

Mar 2023—

Jun 20230.6

Sep 20230.4

Dec 2023—

Mar 20240.9

Jun 20242.0

Sep 20246.7

Dec 20243.2

Mar 2025—

Jun 20250.3

Sep 202512.5

Dec 20250.7

Mar 20260.5

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 20210.4

Dec 20210.4

Mar 20220.9

Jun 20220.3

Sep 20220.3

Dec 20220.4

Mar 20230.3

Jun 20230.3

Sep 20230.3

Dec 20230.3

Mar 20240.3

Jun 20240.4

Sep 20240.4

Dec 20240.3

Mar 20250.3

Jun 20250.2

Sep 20250.3

Dec 20250.2

Mar 20260.3

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 20210.5

Dec 20210.6

Mar 20220.5

Jun 20220.5

Sep 20220.5

Dec 20220.7

Mar 20230.9

Jun 20231.0

Sep 20231.2

Dec 20231.3

Mar 20243.3

Jun 20241.6

Sep 20241.4

Dec 20240.8

Mar 20258.2

Jun 20250.7

Sep 20250.8

Dec 2025—

Mar 20260.9

Jun 2026—

P/BV · reported quarter history

Better Home & Finance Holding Company · BETR

Sep 202121.7

Dec 202114.5

Mar 202212.6

Jun 20225.7

Sep 20226.5

Dec 2022-0.2

Mar 202350.1

Jun 2023-0.1

Sep 20232.3

Dec 20235.0

Mar 20244.9

Jun 20247.7

Sep 2024694.4

Dec 2024-2.3

Mar 2025-1.6

Jun 20252.5

Sep 202520.5

Dec 202514.0

Mar 202668.5

Jun 2026—

Greystone Housing Impact Investors LP · GHI

Sep 20210.8

Dec 20210.9

Mar 20220.9

Jun 20221.0

Sep 20220.9

Dec 20220.9

Mar 20230.9

Jun 20230.8

Sep 20230.9

Dec 20230.9

Mar 20240.9

Jun 20240.9

Sep 20240.8

Dec 20240.6

Mar 20250.7

Jun 20250.7

Sep 20250.6

Dec 20250.4

Mar 20260.3

Jun 2026—

loanDepot, Inc. · LDI

Sep 20213.9

Dec 20211.3

Mar 20221.0

Jun 20220.4

Sep 20220.8

Dec 20220.7

Mar 20230.7

Jun 20231.0

Sep 20231.5

Dec 20231.8

Mar 20241.5

Jun 20241.0

Sep 20241.6

Dec 20242.5

Mar 20251.5

Jun 20251.0

Sep 20252.6

Dec 20253.0

Mar 20262.3

Jun 2026—

Onity Group Inc. · ONIT

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 20240.4

Sep 20240.5

Dec 20240.6

Mar 20250.6

Jun 20250.6

Sep 20250.6

Dec 20250.6

Mar 20260.5

Jun 2026—

PennyMac Financial Services, Inc. · PFSI

Sep 20211.1

Dec 20211.2

Mar 20220.9

Jun 20220.7

Sep 20220.6

Dec 20220.8

Mar 20230.9

Jun 20231.0

Sep 20230.9

Dec 20231.3

Mar 20241.3

Jun 20241.3

Sep 20241.6

Dec 20241.4

Mar 20251.3

Jun 20251.3

Sep 20251.5

Dec 20251.6

Mar 20261.1

Jun 2026—

Rocket Companies, Inc. · RKT

Sep 20216.0

Dec 20216.2

Mar 20225.5

Jun 20223.8

Sep 20223.2

Dec 20223.1

Mar 20233.9

Jun 20233.8

Sep 20233.4

Dec 20235.8

Mar 20245.8

Jun 20245.4

Sep 20247.5

Dec 20242.3

Mar 20254.5

Jun 20253.9

Sep 20254.7

Dec 20252.4

Mar 20261.7

Jun 2026—

UWM Holdings Corporation · UWMC

Sep 20215.4

Dec 20213.8

Mar 20223.0

Jun 20222.4

Sep 20221.9

Dec 20222.1

Mar 20233.7

Jun 20234.3

Sep 20233.4

Dec 20236.0

Mar 20246.0

Jun 20245.8

Sep 20248.1

Dec 20245.7

Mar 20256.7

Jun 20254.8

Sep 20257.5

Dec 20255.9

Mar 20264.9

Jun 2026—

Velocity Financial, Inc. · VEL

Sep 20211.1

Dec 20211.3

Mar 20221.0

Jun 20221.0

Sep 20221.0

Dec 20220.8

Mar 20230.8

Jun 20230.9

Sep 20230.9

Dec 20231.3

Mar 20241.3

Jun 20241.3

Sep 20241.3

Dec 20241.3

Mar 20251.2

Jun 20251.2

Sep 20251.1

Dec 20251.2

Mar 20261.0

Jun 2026—

Walker & Dunlop, Inc. · WD

Sep 20212.6

Dec 20213.1

Mar 20222.6

Jun 20221.9

Sep 20221.6

Dec 20221.5

Mar 20231.5

Jun 20231.5

Sep 20231.4

Dec 20232.1

Mar 20242.0

Jun 20241.9

Sep 20242.2

Dec 20241.9

Mar 20251.6

Jun 20251.3

Sep 20251.6

Dec 20251.2

Mar 20260.9

Jun 2026—

12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Mortgage Finance comparison names 6 specific ways its own evidence can mislead, all listed below. All 9 companies here report on comparable dates, so no rank carries a stale marker. 3 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Keep these limits visible

A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
Thin comparisons: Funding base, Return on assets, Asset quality have fewer than three usable current readings.

13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 9 Mortgage Finance companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-08-04 · weekly price and relative-strength history

Derived metricsGrowth, changes and P/BV÷ROE are calculated only when their inputs are comparable.

Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.

14 · questions investors ask, short speakable answers

Mortgage Finance company comparison FAQs

These 23 answers restate the Mortgage Finance comparison above in question form. Every one is computed from the same 9 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.

Is the Mortgage Finance sector outperforming S&P 500?

Which Mortgage Finance company is largest by income?

Rocket Companies, Inc. leads with income of $8,598 million, based on 8 of 9 comparable companies through Mar 2026.

Which Mortgage Finance company is growing fastest?

Rocket Companies, Inc. has the fastest current income growth at 78.4%, across 8 of 9 comparable companies.

Which Mortgage Finance company has the strongest 4-Factor Sector Score?

Velocity Financial, Inc. ranks first at 62.7/100 with 61.7% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Mortgage Finance company has the largest deposit base?

Better Home & Finance Holding Company has the largest reported deposit base at $763 million. Bank borrowings are operating funding, not industrial leverage.

Which Mortgage Finance company has the lowest comparable P/BV-to-ROE?

Velocity Financial, Inc. has the lowest comparable P/BV ÷ ROE at 0.29, among 7 of 9 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Mortgage Finance comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Which Mortgage Finance company is the biggest?

Rocket Companies, Inc. is the largest, with trailing-twelve-month income of $8,598 million, ahead of UWM Holdings Corporation at $3,076 million. That covers 8 of 9 companies with comparable reporting through Mar 2026.

Which Mortgage Finance company makes the most profit?

UWM Holdings Corporation earns the most, at $660 million of trailing-twelve-month net profit, from 8 of 9 comparable companies. Onity Group Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Mortgage Finance company earns the highest return on capital?

Greystone Housing Impact Investors LP leads on return on assets at -1.6%, across 1 of 9 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Mortgage Finance stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — Velocity Financial, Inc. screens cheapest at 0.29×. Only 7 of 9 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Mortgage Finance lender has the largest funding base?

Better Home & Finance Holding Company has the largest reported deposit base at $763 million. For lenders, deposits and borrowings are operating inputs rather than leverage, so they are read against asset quality and returns instead of as debt.

Is the Mortgage Finance sector beating the market?

Mortgage Finance has underperformed S&P 500 by 27.9% over the last 52 weeks and 19% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 9 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Mortgage Finance stock has the strongest price momentum?

Velocity Financial, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Mortgage Finance company scores highest for research priority?

Velocity Financial, Inc. scores 62.7 out of 100 with 61.7% evidence confidence, from 23.1 points on growth and earnings, 13.4 on capital efficiency, 8.6 on valuation and 17.6 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Mortgage Finance companies does this comparison cover, and over what period?

It compares 9 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Mortgage Finance sector?

The 9 Mortgage Finance companies on this page carry $50,664 million of combined market value. Rocket Companies, Inc. is the largest at $39,923 million, about 79% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.

What is the Mortgage Finance sector's P/B ratio?

The median price-to-book ratio across the 9 Mortgage Finance companies on this page is 1×, measured on the 9 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.

How is the Mortgage Finance sector performing?

0 of the 9 covered Mortgage Finance companies are beating S&P 500 on Mansfield relative strength. The sector itself is 27.9% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.

How many Mortgage Finance stocks are listed in the US?

This comparison covers 9 listed Mortgage Finance companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.