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Uwm Holdings Corporation - UWMC STOCK NEWS

Welcome to our dedicated page for Uwm Holdings Corporation news (Ticker: UWMC), a resource for investors and traders seeking the latest updates and insights on Uwm Holdings Corporation stock.

UWM Holdings Corporation (NYSE: UWMC) is a leading provider of residential mortgage loans in the United States. The company specializes in the origination, sale, and servicing of mortgage loans, catering to independent mortgage advisors across the nation and the District of Columbia. With a focus on supporting clients rather than just transactions, UWM Holdings Corporation aims to make lending processes faster and easier.

One of the standout features of UWM is their uClose tool, which allows clients to go from clear-to-close to closing within minutes, significantly reducing the time and effort involved in mortgage processing. This, coupled with their commitment to providing fast turn times, sets them apart in the industry.

UWM Holdings Corporation ensures that their account executives are well-prepared to offer top-notch service, providing them with over 200 hours of training before they start interacting with clients. Moreover, UWM clients have direct access to underwriters and support teams, fostering a collaborative environment where relationships come first.

Beyond their client-centric approach, UWM Holdings Corporation is dedicated to creating a positive work environment for their team members. This helps in delivering the world-class service that has made them a preferred choice for more brokers than any other lender in the market.

UWM Holdings Corporation is constantly innovating and expanding their suite of tools and services to improve efficiency and client satisfaction. Their commitment to excellence is reflected in their partnerships and financial performance, positioning them as a significant player in the residential mortgage loan sector.

Latest News:

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UWM Holdings Corporation (NYSE: UWMC) reported a strong fourth quarter with a loan origination volume of $24.4 billion, including $20.7 billion in purchase volume. The company experienced a net loss of $461.0 million for 4Q23, mainly due to a decline in fair value of MSRs. Despite the financial loss, UWM remains operationally profitable and aims to invest in people, products, and technology for future growth.
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UWM Holdings Corporation (UWMC) to announce fourth quarter and full year 2023 financial results on February 28, 2024. The #1 mortgage lender in the U.S. will host a conference call for analysts and investors.
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UWM Holdings Corporation (NYSE: UWMC) reported a net income of $301.0 million and a loan origination volume of $29.7 billion in the third quarter of 2023. The company remains highly profitable with a total gain margin of 97 bps and a total equity of $3.1 billion at the end of the quarter. Mat Ishbia, Chairman and CEO, emphasized the company's focus on growing market share and the broker channel, despite challenges in the industry.
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UWM Holdings Corporation (NYSE:UWMC) will announce its Q3 2023 financial results on November 8, 2023. The company is the #1 overall mortgage lender in the U.S.
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UWM Holdings Corporation (NYSE: UWMC) reported a second-quarter loan origination volume of $31.8 billion, including a purchase volume of $28.0 billion, the largest quarterly purchase production in the company's history. The company also reported 2Q23 net income of $228.8 million and diluted earnings per share of $0.08. UWM remains profitable despite a decline in industry-wide origination volume. Total equity was $2.9 billion at June 30, 2023, and the company ended 2Q23 with approximately $2.8 billion of available liquidity.
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UWM Holdings Corporation (NYSE:UWMC) plans to announce its first quarter 2023 financial results on May 10, 2023. This announcement will be accompanied by a press release containing financial highlights, available on the company’s investor relations website. A conference call for financial analysts and investors is also scheduled for May 10, 2023, at 10:30 AM ET, where the company's results will be discussed and questions answered. UWM is recognized as the leading home mortgage lender in the U.S., having held the title for eight consecutive years, specializing in loans through the wholesale channel. The company is committed to enhancing client experience and technology innovation.

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UWM Holdings Corporation (NYSE: UWMC) announced its fourth quarter and full year results for 2022. UWM was the top mortgage lender in the U.S. with loan origination volume of $25.1 billion in Q4, down from $33.5 billion in Q3. The company reported a net loss of $62.5 million for Q4, with a diluted loss per share of $(0.03), contrasting with $325.6 million net income in Q3. For FY 2022, UWM's net income stood at $931.9 million. The company maintained an 11% market share in the overall mortgage market. UWM declared a cash dividend of $0.10 per share, payable on April 11, 2023, maintaining its commitment to shareholder returns.

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UWM Holdings Corporation (NYSE:UWMC) will announce its fourth quarter and full year 2022 financial results on March 1, 2023. A press release with financial highlights will be posted on the company’s investor relations website. A conference call for financial analysts and investors will also be held on the same day at 10:30 AM ET. UWM is recognized as the #1 overall mortgage lender and has maintained its status as the largest wholesale mortgage lender for eight consecutive years. The company focuses on innovation and superior client service, originating loans primarily through independent mortgage brokers across all 50 states.

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FAQ

What is the current stock price of Uwm Holdings Corporation (UWMC)?

The current stock price of Uwm Holdings Corporation (UWMC) is $6.2 as of February 26, 2025.

What is the market cap of Uwm Holdings Corporation (UWMC)?

The market cap of Uwm Holdings Corporation (UWMC) is approximately 1.0B.

What does UWM Holdings Corporation do?

UWM Holdings Corporation specializes in the origination, sale, and servicing of residential mortgage loans across the United States and the District of Columbia.

What is uClose?

uClose is a groundbreaking tool developed by UWM that allows clients to go from clear-to-close to closing within minutes instead of days.

How does UWM ensure quality service?

UWM provides their account executives with over 200 hours of training and gives clients direct access to underwriters and support teams to ensure top-notch service.

What makes UWM different from other lenders?

UWM focuses on supporting clients rather than just transactions, offers the fastest turn times in the industry, and has innovative tools like uClose.

Where is UWM Holdings Corporation based?

UWM Holdings Corporation operates across the United States and the District of Columbia.

How does UWM support its team members?

UWM is committed to making their workplace a great environment for team members to ensure they can provide world-class service.

Why do more brokers choose UWM?

More brokers choose UWM because of their client-centric approach, fast turn times, innovative tools, and excellent service.

What are the latest developments at UWM?

For the latest developments, refer to the 'Latest News' section which highlights the most recent updates about the company.

What is the significance of the NMLS #3038?

The NMLS #3038 is a unique identifier for UWM Holdings Corporation in the Nationwide Multistate Licensing System, ensuring they meet regulatory standards.

How does UWM streamline the mortgage process?

UWM streamlines the mortgage process through tools like uClose and by offering direct access to underwriters, reducing the time and effort involved.
Uwm Holdings Corporation

NYSE:UWMC

UWMC Rankings

UWMC Stock Data

1.04B
120.49M
20.49%
46.78%
10.31%
Mortgage Finance
Mortgage Bankers & Loan Correspondents
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United States
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