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Mortgage Bankers & Loan Correspondents: capital spending and supply chain

SIC 6162 · 5 companies with filed cash-flow statements

Capital spending, 12 months$246M
Operating cash flow−$2.5B
Capex / revenue1.4%
Top 3 share98%

Analysis

5 companies in Mortgage Bankers & Loan Correspondents (SIC 6162) spent $246M on capital projects over their latest twelve months; the three largest spenders — RKT, UWMC, PFSI — account for 98%.

Capital spending is 1.4% of the industry's $17.5B of annual revenue.

By the industry's asset mix most of it goes to equipment (86%); about $91.9M is imported.

The largest supplier of that spending is light truck and utility vehicle manufacturing ($70.2M).

Its largest supplying industries, by the input-output tables: monetary authorities and depository credit intermediation ($520M), nondepository credit intermediation and related activities ($451M), data processing, hosting, and related services ($324M).

Charts

Mortgage Bankers & Loan Correspondents: capital spending by company, latest twelve monthsMortgage Bankers & Loan Correspondents: capital spending by company, latest twelve monthsRKT$160MUWMC$63.0MPFSI$17.8MONIT$3.4MKorth Direct Mortgage$1.7M
Filed cash-flow statements (SEC XBRL).
Mortgage Bankers & Loan Correspondents: what the capital spending buys (US part)Mortgage Bankers & Loan Correspondents: what the capital spending buys (US part)Structures$4.1MEquipment$130MSoftware$11.7MOther$5.1M
Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.
Mortgage Bankers & Loan Correspondents: the industries that build and sell what it buysMortgage Bankers & Loan Correspondents: the industries that build and sell what it buysLight truck and utility vehicle m…$70.2MAutomobile manufacturing$12.1MOther industrial machinery manufa…$7.6MSoftware publishers$7.2MOther general purpose machinery m…$7.1MMaterial handling equipment manuf…$6.8MAir conditioning, refrigeration, …$6.3MAll other miscellaneous manufactu…$6.3MOffice and commercial structures$4.1MMeasuring, dispensing, and other …$4.0M
BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).
Mortgage Bankers & Loan Correspondents: its first-tier supplying industriesMortgage Bankers & Loan Correspondents: its first-tier supplying industriesMonetary authorities and deposito…$520MNondepository credit intermediati…$451MData processing, hosting, and rel…$324MOther financial investment activi…$276MManagement consulting services$241MOther real estate$183MAdvertising, public relations, an…$178MEmployment services$172MInternet publishing and broadcast…$150MSecurities and commodity contract…$138M
Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.
Mortgage Bankers & Loan Correspondents: where the industry's cash came from (+) and went (−)Mortgage Bankers & Loan Correspondents: where the industry's cash came from (+) and went (−)Other financing (out)−$4.5BCash drawn from the balance s…$3.8BOther investing (in)$2.6BOperating cash outflow−$2.6BNet borrowing$2.4BAcquisitions−$2.2BOther financing (in)$1.5BOther investing (out)−$1.3BOperating cash flow$1.3BCash added to the balance she…−$399MCapital spending−$243MDividends−$181MTaxes paid on employees' shar…−$170MBuybacks−$132M
The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).

Capital spending by company

CompanyCapital spendingOperating cash flowCapex / OCFPeriod
RKT Rocket Companies$160M$1.3B12%TTM to Q3 2026
UWMC UWM Holdings$63.0M−$1.8B—TTM to Q3 2026
PFSI PennyMac Financial Services$17.8M−$234M—TTM to Q3 2026
ONIT Onity Group$3.4M−$1.8B—TTM to Q3 2026
Korth Direct Mortgage$1.7M−$33.7M—TTM to Q2 2026

Customers and suppliers named in annual reports

SupplierCustomerShare of supplier revenueEvidenceSource
PFSIPMT9%Stated in 10-K (XBRL)filing

The interactive money flow: switch views, follow each dollar →

Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.