UWMC stock jumps on Trump’s $200 billion mortgage-bond order as traders hunt for proof rates will fall
New York, Jan 9, 2026, 12:10 EST — Regular session Shares of UWM Holdings Corp (UWMC) jumped about 14% on Friday and were last up $0.65 at $5.36. The stock traded between $4.96 and $5.39, with more than 22 million shares changing hands. The move followed President Donald Trump’s directive to buy $200 billion in mortgage-backed securities — bonds backed by home loans — to try to pull borrowing costs down. “I am giving special attention to the housing market,” Trump wrote, and Annex Wealth Management’s Brian Jacobsen cautioned that “the biggest problem with housing is supply, not demand.” (Reuters)