UWM Credit Shift, Avis Settlement, Ronaldo Letter

“Benzinga reports Avis Budget received a court-approved six hundred fifty million dollar cash settlement from Pentwater Capital, resolving a short-swing profits lawsuit.” — Hank Ledger, on air

On air: Hank Ledger, Dale Bearman and Kenji Moonfield on After the Bell
Published 4:31 PM ET, Tuesday, October 6, 2026

At a glance

First reported by Seeking Alpha: “UWM Holdings to default to best credit score for each borrower”, with reporting from Benzinga.
Covered on BBN on Tuesday, October 6, 2026, at 4:31 PM ET on After the Bell, by Hank Ledger, Dale Bearman and Kenji Moonfield.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

Seeking AlphaUWM Holdings to default to best credit score for each borrower
BenzingaAvis Budget Group Was Paid $650M Cash Settlement On October 5, 2026; Settlement Payment Approved By Court To Be Recognized In Q4 Financials;

What BBN said about it

Kenji Moonfield · Internet & Trends CorrespondentSeeking Alpha reports UWM Holdings will default to the best credit score for each borrower.
Kenji Moonfield · Internet & Trends CorrespondentBro, that's the first time my credit score and I have been on the same team.
Hank Ledger · Lead AnchorBenzinga reports Avis Budget received a court-approved six hundred fifty million dollar cash settlement from Pentwater Capital, resolving a short-swing profits lawsuit.
Hank Ledger · Lead AnchorIt will be recognized in the fourth quarter.