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.

A Rocket Companies competitor's stock was continuing to trade higher Wednesday as retail traders and CNBC's Jim Cramer keyed in on its short interest.   What Happened: Shares of Rocket Companies Inc (NYSE: RKT) gained more than 70% Tuesday.

What's Driving The Rally In Rocket Competitor UWM Holdings?

UWM Holdings Corporation jumped as much as 36% to $12.45 on Wednesday after the mortgage lender's inclusion on the FTSE Russell IPO list propelled social media excitement that was already brewing around mortgage stocks following Rocket Companies' massive rally a day earlier. UWM will be added to both the Russell 1000 and Russell 3000, according to a FTSE Russell announcement on Tuesday. The mortgage company is one of 47 newly public companies that will be joining the indices.

UWM Holdings jumps 36% as its inclusion on FTSE Russell list sparks social-media chatter

Fresh from a SPAC merger, UWMC stock is set for another day of double-digit gains. Is the surge the work of Redditors or a bet on lower interest rates stoking the mortgage market?

UWMC Stock: Can r/WallStreetBets Send RKT Rival UWM to the Moon?

Rocket Companies, Inc.

Shares in mortgage lenders UWM Holdings Corp and Rocket Companies jumped in early deals on Wednesday, building on strong gains from the previous session, which was fueled by a short squeeze on Rocket's stock.

Shares of Rocket, UWM Holdings rise sharply in early trade

The stock price of UWM Holdings Corporation Class (NYSE:UWMC) increased by 19.66% on March 2. This is why it happened.

UWMC Stock Price Increased 19.66%: Why It Happened

The company announced it will likely join new indexes in the near future.

Why Shares of United Wholesale Mortgage Are Rising Today

Newly public UWM Holdings Corp (NYSE: UWMC) was trading lower Tuesday despite another Wall Street firm initiating bullish coverage on the Pontiac, Michigan-based mortgage firm. The UWM Analyst: Credit Suisse analyst Douglas Harter initiated coverage of UWM with an Outperform rating and $10.50 price target.

Credit Suisse Bullish On UWM Holdings, Sees 31% Total Return Potential

Newly public UWM Holdings Corp (NYSE: UWMC) received a vote of confidence Tuesday after one Wall Street firm initiated bullish coverage on the Pontiac, Michigan-based mortgage firm.  The UWM Holdings Analyst: Deutsche Bank analyst Ashish Sabadra started coverage of UWM Holdings with a Buy rating and $12 price target.

Why This UWM Holdings Analyst Is Bullish Despite Potential Mortgage Market Slowdown

The company believes mortgage brokers are a better solution for home finance than bank-based lending.

United Wholesale Demonstrates the Health of the Mortgage Broker Business

UWM Holdings Corporation (UWMC) CEO Mat Ishbia on Q4 2020 Results - Earnings Call Transcript

United Wholesale is the only mortgage company expected to increase earnings this year.

United Wholesale Merges With a SPAC: Should You Buy Into Mortgage Mania?

PONTIAC, Mich.--(BUSINESS WIRE)--United Wholesale Mortgage, the #1 wholesale and purchase mortgage lender in the U.S., today rang the bell at the New York Stock Exchange

UWM Holdings Corporation Rings NYSE Opening Bell

Gores Holdings IV

Right now, the music is playing for SPACs and former SPACs. The newly deSPAC'd UWMC offers a way to "dance" to the music at a value multiple.

Quickie Idea: United Wholesale Squeezing Higher Post-DeSPACing

Pontiac, Michigan-based United Wholesale Mortgage Holdings Corporation (NYSE: UWMC), home to one of the largest retail mortgage lenders, begins trading Friday on the New York Stock Exchange. The development comes after the company closed a merger with special purpose acquisition company Gores Holdings IV Inc (NASDAQ: GHIV).

United Wholesale Mortgage Begins Trading On The NYSE: Here's What It Means For The Market

PONTIAC, Mich. & LOS ANGELES--(BUSINESS WIRE)--United Wholesale Mortgage, LLC ("UWM"), the #1 wholesale and purchase mortgage lender in the U.S., and Gores Holdings IV, Inc. ("Gores Holdings IV") (NASDAQ: GHIV, GHIVU, and GHIVW), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of The Gores Group, LLC ("The Gores Group" or "Gores"), today announced the closing of their previously announced business combination, which hails as the largest SPAC transaction to date with a v

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