In this article we discuss the 5 best mortgage stocks to buy now. If you want to read our detailed analysis of the mortgage industry and housing market, go directly to 10 Best Mortgage Stocks To Buy Now.
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5. Lennar Corporation (NYSE: LEN)
Lennar Corporation is one of the 10 best mortgage stocks to buy now. The home construction company offers commercial mortgage loans for securitization and also provides mortgage lending services to average consumers. The company’s mortgage subsidiary Lennar Mortgage, formerly known as Eagle Home Mortgage, offers various home mortgage options including conventional loan, USDA loan, Jumbo loan, VA loan and refinancing services.
According to our database, the number of Lennar Corporation’s long hedge funds positions decreased at the end of the fourth quarter of 2020. There were 52 hedge funds that hold a position in Lennar Corp. by the end of December, compared to the 60 funds in the third quarter. The biggest stakeholder of the company is Edgar Wachenheim’s Greenhaven Associates, with 7.5 million shares, worth $575 million.