DIRS.INFO The most relevant business & tech news

☆ Phoenix Suns owner Mat Ishbia forms new investment group called Player 15
▼ + stars: | 2024-02-14 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Mat Ishbia, majority owner of the NBA's Phoenix Suns, talks to the media during his introductory press conference at the Footprint Center in Phoenix, Arizona, on Feb. 8, 2023. Phoenix Suns owner Mat Ishbia is forming a new sports, entertainment and real estate investment group as a single unifying place for his investments. The new investment or holding company will be called the Player 15 Group, the company announced Wednesday. It will house the National Basketball Association's Phoenix Suns, the Women's National Basketball Association's Phoenix Mercury and the newly acquired G-League team for the Suns. The group follows similar one-stop shop investment groups such as Fenway Sports Group, Harris Blitzer Group and The Kraft Group.

Persons: Mat Ishbia, Ishbia, Harris Organizations: Phoenix Suns, Footprint, Basketball, Phoenix Mercury, League, Suns, NBA, CNBC, Footprint Center, Phoenix, Mercury, Fenway Sports Group, Harris Blitzer Group, The Kraft Group, United Wholesale Mortgage, Forbes, Michigan State University Locations: Phoenix , Arizona, Phoenix

☆ Housing market creating 'good time to buy' despite higher rates, says UWM CEO Mat Ishbia
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHousing market creating 'good time to buy' despite higher rates, says UWM CEO Mat IshbiaMat Ishbia, CEO of United Wholesale Mortgage, joins 'Closing Bell: Overtime' to discuss the outlook for mortgage rates, the impact of inflation on the housing market next year, and more.

Persons: Mat Ishbia Mat Ishbia Organizations: United Wholesale Mortgage

☆ Stocks making the biggest moves premarket: Rivian, Clorox, Vestis, Chevron and more
▼ + stars: | 2023-10-05 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. Rivian — Shares of the electric vehicle maker plunged 8.7% after Rivian announced a $1.5 billion convertible bond sale and issued disappointing guidance for the third quarter. Energy stocks — Shares of oil firms Occidental Petroleum , Chevron and ExxonMobil were all lower in premarket trading, as crude prices added to Wednesday's steep declines. Clorox — Shares slipped 4.4% in premarket trading Thursday, a day after the product maker offered weaker guidance for the fiscal first quarter than analysts expected. UWM Holdings — Shares of the mortgage company rose 4.3% in premarket trading after a BTIG upgrade to buy from neutral.

Persons: Rivian, Raymond James, BTIG, Oliver Davies, Vestis, —, Alex Harring, Pia Singh, Jesse Pound Organizations: of Manhattan, StreetAccount, Energy, Occidental Petroleum, Chevron, ExxonMobil, Occidental, Holdings, United Wholesale Mortgage, Orchard Therapeutics, Kirin, Redburn Locations: Meatpacking, New York City, Chevron, Aramark

☆ Refinancing when rates drop will help the whole economy, says UWM CEO Mat Ishbia
▼ + stars: | 2023-07-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRefinancing when rates drop will help the whole economy, says UWM CEO Mat IshbiaMat Ishbia, United Wholesale Mortgage CEO & Phoenix Suns owner, joins 'Closing Bell Overtime' to talk regional banking turmoil, the labor market, mortgage rates and more.

Persons: Mat Ishbia Mat Ishbia Organizations: United Wholesale Mortgage CEO, Phoenix Suns

☆ Meet David Sacks, the friend of Elon Musk who could play kingmaker for Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

Ron DeSantis — including hosting the candidate's kickoff event on Twitter — demonstrate how Sacks is working to become a GOP kingmaker. A DeSantis campaign spokesman did not return a request for comment before publication. Sacks, according to Puck, serves as one of the group's directors. Kevin McGrann, a lobbyist at government relations juggernaut Forbes Tate Partners, is also linked to Bay Strategies, according to Hall. And Sacks said during a recent episode that he plans to ask the DeSantis campaign for the Florida governor to agree to an interview.

Persons: David Sacks, Paul Chinn, Caroline Wren, Wren, Donald Trump's, Jan, president's, Sacks, George Soros, Puck, Ron DeSantis, Peter Thiel, Ro Khanna, didn't, Joe Biden, Thiel, Elon Musk, –, Joe Lonsdale's, Julie Samuels, Samuels, DeSantis, I've, Trump, Stewart Hall, Jill Kendrick, Hall, Sen, Richard Shelby, Kendrick, Kevin McGrann, juggernaut Forbes, McGrann, John Boehner, OpenSecrets, Musk, Bari Weiss, isn't, Peter, Jason Calacanis, David Friedberg, Chamath, Robert F, Kennedy Jr, Kennedy, Biden, Nikki Haley, Calacanis Organizations: TechCrunch, Calif, San Francisco Chronicle, Hearst Newspapers, Getty Images Venture, Trump, U.S . Capitol, Republicans, Commission, Florida Gov, Twitter, GOP, PayPal, CNBC, Democratic, Microsoft, DeSantis, Purple Good Government PAC, FEC, Ron DeSantis PAC, PAC, Republican Party, Purple Good Government, Stewart, Public, Crossroads, Altria Group, Boeing, General Electric, Hearst Corp, Washington , D.C, Forbes Tate Partners, juggernaut Forbes Tate Partners, Forbes Tate, Association of Independent Mortgage Experts, United Wholesale Mortgage, SpaceX, Republican, YouTube, Biden, CNN Locations: San Francisco, Florida, Silicon, Trump, DeSantis, Puck, Washington ,, Ohio

☆ Homebuyers might be able purchase a home with less savings — thanks to the two largest US mortgage lenders now allowing down payments of just 1%
▼ + stars: | 2023-05-26 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

In a stark contrast to the homebuying bonanza of 2021, housing demand has fallen sharply with buyers grappling with a year of higher mortgage rates and stubbornly high home prices. "I was able to win them over with 1% down payment assistance, as well as give them a better rate." "These 1% down payment assistance programs are really making homeownership more affordable for borrowers, Beaubien added." Beaubien said the savings gained from UWM's down payment assistance program is truly making a difference for her clients. "A lot of homebuyers, especially first-time homebuyers, will get discouraged about what the closing costs and down payment may look like," Beaubien said.

☆ Watch CNBC's full interview with United Wholesale Mortgage CEO Mat Ishbia
▼ + stars: | 2023-03-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with United Wholesale Mortgage CEO Mat IshbiaMat Ishbia, United Wholesale Mortgage CEO and Phoenix Suns owner, joins 'Squawk Box' to discuss managing the housing slowdown, their dual strategy of purchases and finances, Kevin Durant's Phoenix Suns debut, and expectations for the NBA season.

☆ Home purchase demand is strong despite weak supply, says United Wholesale Mortgage CEO
▼ + stars: | 2023-03-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome purchase demand is strong despite weak supply, says United Wholesale Mortgage CEOMat Ishbia, United Wholesale Mortgage CEO and Phoenix Suns owner, joins 'Squawk Box' to discuss managing the housing slowdown, their dual strategy of purchases and finances, Kevin Durant's Phoenix Suns debut, and expectations for the NBA season.

☆ Trades Like the Kevin Durant Deal Never Happen. Here’s Why This One Did.
▼ + stars: | 2023-02-11 | by ( Robert O'Connell | ) www.wsj.com time to read: 1 min

After Mat Ishbia , the new owner of the Phoenix Suns and Mercury, officially took over the NBA and WNBA franchises this week, he held a press conference at which he described his vision for employee acquisition and retention, which he considered the backbone of his company, United Wholesale Mortgage. “We want to get the best people to join the Suns and Mercury ,” Ishbia said. “We want to train them, coach them to be the best version of themselves, and then treat them so well they never want to leave.”

☆ Nets forward Durant traded to Suns - reports
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

Feb 9 (Reuters) - The Brooklyn Nets have traded All-Star forward Kevin Durant to the Phoenix Suns in a swap deal that includes four other players and future first-round picks, American media reported on Thursday. While Harden was traded to the Philadelphia 76ers, Irving moved to the Dallas Mavericks earlier this week, bringing the curtains down on Brooklyn's 'Big Three' experiment. Durant, 34, won back-to-back championships with the Golden State Warriors where he was also named NBA Finals MVP in both title-winning seasons. Both the Nets and the Suns are fifth in their respective conferences. ET on ThursdayReporting by Rohith Nair in Bengaluru; editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ In 2022, UWM became the top US mortgage lender and its CEO bought an NBA team. Against the odds, it expects to grow more.
▼ + stars: | 2023-01-23 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

United Wholesale Mortgage became the country's largest originator in 2022. Mortgage rates soared at their fastest rate in decades, halting refinances and slowing home purchases to a crawl. In a way, UWM's strategy is much more old-fashioned than other mortgage players, including Rocket Mortgage. "The idea that you can go on a computer, click a button, and there's your mortgage, that's foolish," he said. To Rocket Mortgage, that's a fundamental misunderstanding of its business.

☆ Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market
▼ + stars: | 2023-01-10 | by ( Hugh Son | ) www.cnbc.com time to read: +5 min

watch nowWells Fargo is stepping back from the multi-trillion dollar market for U.S. mortgages amid regulatory pressure and the impact of higher interest rates. It's the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019. Following those once-huge mortgage players in slimming down their operations has implications for the U.S. mortgage market. Today, Wells Fargo is the third biggest mortgage lender after Rocket and United Wholesale Mortgage. Wells Fargo employees have speculated for months about changes coming after Scharf telegraphed his intentions several times in the past year.

☆ United Wholesale Mortgage CEO Mat Ishbia to buy Phoenix Suns & Mercury for $4 billion
▼ + stars: | 2022-12-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnited Wholesale Mortgage CEO Mat Ishbia to buy Phoenix Suns & Mercury for $4 billionChairman and CEO of United Wholesale Mortgage CEO Mat Ishbia to buy Phoenix Suns and Mercury for $4 billion. CNBC's 'Squawk Box' team reports.

☆ Billionaire Ishbia to buy Suns for $4 billion - ESPN
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: 1 min

Dec 20 (Reuters) - Billionaire Mat Ishbia will buy the National Basketball Association's (NBA) Phoenix Suns and women's team the Phoenix Mercury for $4 billion, ESPN reported on Tuesday. The deal would set a record in the league after Joe Tsai bought the remaining stake in the Brooklyn Nets in 2019 in a deal that valued the team at $2.35 billion. The Suns did not immediately respond to a request for comment. American Ishbia is president and CEO of United Wholesale Mortgage in Michigan. Reporting by Amy Tennery in New York; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "United Wholesale Mortgage"

14 mentions found