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United Wholesale Mortgage CEO gives away 13 Cadillacs to employees

Lower interest rates gave a boost to mortgage lenders bottomline this year. United Wholesale Mortgage anticipates doing $106 billion in mortgage broker volume production this year, which would be more than double last year's total $41 billion. To celebrate the company's CEO decided to giveaway a baker's dozen of Cadillacs to employees. Yahoo Finance’s Dan Roberts, Brian Cheung and Julia La Roche discuss with United Wholesale Mortgage President and CEO Mat Ishbia on YFi AM.