United Wholesale Mortgage

UWM Holdings Corp. operates as a wholesale mortgage lender. It underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions. The firm provides independent mortgage advisors with a set of technologically driven tools and a value proposition that enables them to offer borrowers that meet the credit rating standards compelling financing alternatives. The company was founded in 1986 and is headquartered in Pontiac, MI.

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UWMC posts record production in Q4 2022, eyes growth opportunities

UWM's Q4 performance reflects resilience and operational profitability despite reported losses, setting a strong foundation for future growth.
Strategic investments in technology, commitment to brokers, and prudent financial management underscore UWM's strengths and long-term vision.
Challenges in market dynamics and potential distractions aside, UWM's focus on growth opportunities and strategic planning bode well for its future success.

UWM reports robust Q1 performance, eyes growth amidst challenges

UWM's Q1 performance showcased strong production numbers and operational success, despite a net loss due to MSR markdown. The company remains committed to growth and supporting broker community success.
Challenges include maintaining gain on sale margin guidance amidst market dynamics and balancing financial metrics with operational achievements. Opportunities lie in continuous growth, product innovation, and market expansion.
With a focus on liquidity enhancement, strategic investments, and market opportunities, UWM aims to navigate challenges and capitalize on potential growth in the jumbo loan market.

United Wholesale Mortgage (UWMC) excels in Q2, poised for growth

United Wholesale Mortgage (UWMC) delivered strong financial results, showcased operational improvements, and emphasized preparedness for market challenges and opportunities. With a focus on broker channel growth, product innovation, and scalability, UWMC remains optimistic about future prospects.

United Wholesale Mortgage (UWMC) excels in Q3 amidst market challenges

United Wholesale Mortgage (UWMC) demonstrates resilience and strength in Q3, showcasing dominance in the purchase market and operational excellence. Despite challenges posed by market conditions, UWMC remains well-positioned for growth and profitability, with a focus on shareholder value creation.

UWM Holdings excels in Q4, eyes growth through technology and brokers

United Wholesale Mortgage (UWMC) had a robust Q4 2023, maintaining its leading position in the market. The company's strategic focus on the broker channel, technology investments, and commitment to growth bode well for future success.

United Wholesale Mortgage (UWMC) excels in Q1 2024, eyes growth

United Wholesale Mortgage (UWMC) reported a robust Q1 2024 performance, showcasing growth, profitability, and strategic market positioning. While facing challenges related to interest rates and industry dynamics, UWMC remains focused on leveraging opportunities for growth through technology, innovation, and strong partnerships with mortgage brokers.

United Wholesale Mortgage posts strong Q2 results, poised for growth

United Wholesale Mortgage (UWMC) demonstrated robust financial performance in Q2 2024, driven by increased production volume and operational efficiency enhancements.
The company's strategic focus on technology, margin stability, and industry dominance underpins its readiness for market opportunities and challenges.
UWMC's proactive approach to balancing growth, expense management, and seizing opportunities positions them well for sustained success and industry leadership.

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UWM Holdings Corp. is a wholesale mortgage lender, which underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions. The firm provides independent mortgage advisors with a set of technologically driven tools and a value proposition that enables them to offer borrowers that meet the credit rating standards compelling financing alternatives. The company was founded in 1986 and is headquartered in Pontiac, MI.

The company chose not to pursue a recently announced proposed secondary offering.

Why Shares of UWM Holdings Are Surging Today

UWM Holdings Corp (NYSE: UWMC) is trading significantly higher Friday after the company announced it will accelerate its buyback plan "in lieu of previously announced secondary offering and concurrent stock repurchase." UWM Holdings terminated its previously announced secondary offering.

Why UWM Holdings Stock Is Soaring Today

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC--UWM Holdings Corporation (NYSE:UWMC) (the “Company”) announced today that SFS Holding Corp, (“SFS”), its principal shareholder, has terminated the previously announced secondary offering of Class A Common Stock and concurrent stock repurchase effective immediately (the “Offering”). The Offering was intended to increase UWMC's public float by approximately 50%, thereby making it a more liquid, tradable stock for larger indexes and institutional investors, while a

UWM Holdings Corporation Announces Intent to Accelerate Buyback in Public Market in Lieu of Previously Announced Secondary Offering and Concurrent Stock Repurchase

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Here's How UWM Holdings Is Prepared for Tougher Times Ahead

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC--UWM Holdings Corporation (NYSE:UWMC) (the “Company”) today announced that SFS Holding Corp., (“SFS”) its controlling shareholder, intends to offer for sale in an underwritten secondary offering 50,000,000 shares of the Company's Class A common stock (the “Class A Common Stock”), pursuant to a registration statement filed by UWM Holdings with the U.S. Securities and Exchange Commission (the “SEC”). No shares are being sold by UWM. SFS will receive all of the proc

UWM Announces Launch of Secondary Offering and Concurrent Stock Repurchase

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC--UWM Holdings Corporation (NYSE:UWMC) (“UWMC”) announced today that its indirect subsidiary, United Wholesale Mortgage, LLC (“UWM”), priced its offering of $500 million aggregate principal amount of 5.750% senior notes due 2027 (the “Notes”). UWM expects the closing of the Notes to occur on November 22, 2021, subject to customary closing conditions. The Notes will have an interest rate of 5.750% and will be issued at a price of 100% of their face value. UWM inten

UWM Holdings Corporation Announces Pricing of $500 Million of 5.750% Senior Notes Due 2027

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC--UWM Holdings Corporation (NYSE:UWMC)(“UWMC”) announced today that its indirect subsidiary, United Wholesale Mortgage, LLC (“UWM”), has commenced a private offering of $500 million aggregate principal amount of senior notes due 2027 (the “Notes”). UWM expects to use the net proceeds from the offering for general corporate purposes and to fund growth. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in accordance w

UWM Holdings Corporation Announces Offering of Senior Notes Due 2027

UWM Holdings Corporation (UWMC) CEO Mat Ishbia on Q3 2021 Results - Earnings Call Transcript

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #UWMC--UWM Holdings Corporation Announces Third Quarter 2021 Results

UWM Holdings Corporation Announces Third Quarter 2021 Results

PONTIAC, Mich.--(BUSINESS WIRE)--In an update to the release dated October 29, 2021, the start time of the third quarter 2021 earnings conference call is Tuesday, November 9, 2021 at 9:00 AM ET (rather than 8:30 AM ET as was originally scheduled). The updated release reads:  UWM HOLDINGS CORPORATION AMENDS START TIME OF 2021 Q3 EARNINGS CONFERENCE CALL UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage

CORRECTING and REPLACING UWM Holdings Corporation Amends Start Time of 2021 Q3 Earnings Conference Call

PONTIAC, Mich.--(BUSINESS WIRE)--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in the U.S., will announce its third quarter 2021 financial results before market opens on Tuesday, November 9, 2021. A press release with financial highlights will be available on the company's investor relations website https://investors.uwm.com in the earnings release section. UWM will host a conference call f

UWM Holdings Corporation Announces 2021 Q3 Earnings Conference Call Details

Just hours after declaring its cryptocurrency payments pilot a success, United Wholesale Mortgage (UWM) decided to scrap the trial-run program it launched in August. Mat Ishbia, UWM CEO, told CNBC that the country's second-biggest mortgage company ultimately decided to scrap crypto acceptance because of “incremental costs and regulatory uncertainty.

United Wholesale Mortgage Does About Face, Drops Crypto Payments

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UWM Holdings Corporation (UWMC) CEO Mat Ishbia on Q2 2021 Results - Earnings Call Transcript

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PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #earnings--UWM Holdings Corporation (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), the #1 wholesale mortgage lender in America, today announced its results for the second quarter ended June 30, 2021. UWMC reported 2Q21 net income of $138.7 million on $59.2 billion in total originations. The record loan origination volume for the quarter also included a quarterly record of $24.1 billion in purchase volume and net income for the secon

UWM Holdings Corporation Announces Second Quarter 2021 Results

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #earnings--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in the U.S., will announce its second quarter 2021 financial results before market opens on Monday, August 16, 2021. A press release with financial highlights will be available on the company's investor relations website https://investors.uwm.com in the earnings release section. UWM will host a conference call fo

UWM Holdings Corporation Announces 2021 Q2 Earnings Conference Call Details

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #UWMC--UWM Holdings Corporation (NYSE:UWMC), the parent of United Wholesale Mortgage (UWM), the #1 wholesale and purchase mortgage lender in the U.S., today rang the bell alongside mortgage brokers from across the country at the New York Stock Exchange commemorating National Mortgage Brokers Day. Mat Ishbia, UWM president and CEO rang the bell alongside 13 independent mortgage brokers from across the country with nearly 100 independent mortgage brokers in attendance. M

PHOTOS: UWM Holdings Corporation Rings NYSE Bell alongside Mortgage Brokers in Celebration of National Mortgage Brokers Day

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC--UWM Holdings Corporation to Celebrate Mortgage Brokers at New York Stock Exchange.

UWM Holdings Corporation to Celebrate Mortgage Brokers at New York Stock Exchange

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United Wholesale's model might be more durable than most.

News for United Wholesale Mortgage Stock (UWMC)