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The CEO is Mat Ishiba, majority owner of the Phoenix Suns and has an option to buy the Chicago White Sox in 2030. This is the oldest story in business: when you're distracted by a professional sports team, let alone two professional sports teams, your original business falls apart.

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United Wholesale Mortgage plunges 40% after suspending dividend and raising capital https://t.co/O6zeiSHPfm

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