UWM Holdings Corporation filed a Form 8-K after issuing a press release about its competing proposal for Two Harbors Investment Corp.. The release highlights that proxy advisor ISS recommended Two Harbors stockholders vote against the proposed CrossCountry Mortgage merger, which is priced at $12.00 per share.
ISS’s report referenced UWM’s competing offer, which it describes as having a higher headline value of $12.50 per share or stock upside, and questioned whether the Two Harbors board’s process has secured full value. ISS also recommended voting against a golden parachute compensation proposal and against adjourning the special meeting scheduled for May 19, 2026. UWM urges Two Harbors stockholders to vote against the CCM merger and related proposals to preserve the opportunity to engage on UWM’s proposal.
UWM Holdings Corporation filed a Form 8-K after issuing a press release about its competing proposal for Two Harbors Investment Corp.. The release highlights that proxy advisor ISS recommended Two Harbors stockholders vote against the proposed CrossCountry Mortgage merger, which is priced at $12.00 per share.
ISS’s report referenced UWM’s competing offer, which it describes as having a higher headline value of $12.50 per share or stock upside, and questioned whether the Two Harbors board’s process has secured full value. ISS also recommended voting against a golden parachute compensation proposal and against adjourning the special meeting scheduled for May 19, 2026. UWM urges Two Harbors stockholders to vote against the CCM merger and related proposals to preserve the opportunity to engage on UWM’s proposal.
UWM Holdings Corporation reported a sharp turnaround to profitability for the quarter ended March 31, 2026. Total revenue rose to $901.4 million from $613.4 million a year earlier, driven by stronger loan production income and higher interest income.
Loan originations increased to $44.9 billion from $32.4 billion, with refinance volume more than doubling. Net income swung to $170.4 million from a net loss of $247.0 million, while net income attributable to Class A shareholders was $25.3 million, or $0.09 per diluted share.
Fair value of mortgage servicing rights grew to $4.59 billion, supported by $1.10 billion of MSR capitalization and MSR sales. The company used $2.23 billion of cash in operating activities, offset by $1.63 billion of cash provided by financing activities, including higher warehouse and MSR facility borrowings.
UWM Holdings Corporation reported a sharp turnaround to profitability for the quarter ended March 31, 2026. Total revenue rose to $901.4 million from $613.4 million a year earlier, driven by stronger loan production income and higher interest income.
Loan originations increased to $44.9 billion from $32.4 billion, with refinance volume more than doubling. Net income swung to $170.4 million from a net loss of $247.0 million, while net income attributable to Class A shareholders was $25.3 million, or $0.09 per diluted share.
Fair value of mortgage servicing rights grew to $4.59 billion, supported by $1.10 billion of MSR capitalization and MSR sales. The company used $2.23 billion of cash in operating activities, offset by $1.63 billion of cash provided by financing activities, including higher warehouse and MSR facility borrowings.
Norges Bank reported beneficial ownership of 23,905,274 shares of UWM HOLDINGS CORP Class A common stock, representing 8.1072% of the class. The filing shows sole voting power over 23,250,000 shares and sole dispositive power over 23,250,000 shares, with shared dispositive power of 655,274 shares.
The filing states certain shares are invested on behalf of the Government of Norway and was signed by a Norges Bank compliance officer on 05/11/2026.
Norges Bank reported beneficial ownership of 23,905,274 shares of UWM HOLDINGS CORP Class A common stock, representing 8.1072% of the class. The filing shows sole voting power over 23,250,000 shares and sole dispositive power over 23,250,000 shares, with shared dispositive power of 655,274 shares.
The filing states certain shares are invested on behalf of the Government of Norway and was signed by a Norges Bank compliance officer on 05/11/2026.
UWM Holdings Corp insider activity shows an entity associated with President and CEO Mat Ishbia completing a pre-planned sale and related conversion of shares. SFS Holding Corp, a 10% holder linked to Ishbia, sold a total of 2,006,666 shares of Class A Common Stock in open-market transactions on May 7–8, 2026 at a weighted average price of $3.39 per share, with prices ranging from $3.28 to $3.52 and from $3.33 to $3.45 according to footnotes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by SFS Holding Corp on September 16, 2025. In connection with these transactions, 14,245 UWM Paired Interests were converted into an equal number of Class A shares. After these moves, Ishbia holds 408,131 Class A shares directly, while SFS Holding Corp holds 1,261,862,603 shares indirectly over which Ishbia exercises voting and dispositive power.
UWM Holdings Corp insider activity shows an entity associated with President and CEO Mat Ishbia completing a pre-planned sale and related conversion of shares. SFS Holding Corp, a 10% holder linked to Ishbia, sold a total of 2,006,666 shares of Class A Common Stock in open-market transactions on May 7–8, 2026 at a weighted average price of $3.39 per share, with prices ranging from $3.28 to $3.52 and from $3.33 to $3.45 according to footnotes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by SFS Holding Corp on September 16, 2025. In connection with these transactions, 14,245 UWM Paired Interests were converted into an equal number of Class A shares. After these moves, Ishbia holds 408,131 Class A shares directly, while SFS Holding Corp holds 1,261,862,603 shares indirectly over which Ishbia exercises voting and dispositive power.
UWM Holdings Corp insider reporting shows entities associated with President and CEO Mat Ishbia selling Class A Common Stock in open-market transactions. On May 5, 2026 and May 6, 2026, SFS Corp, a 10% holder, sold a total of 2,006,666 shares at weighted average prices of $3.45 and $3.66 per share under a Rule 10b5-1 trading plan. After these sales, indirect holdings through SFS Corp were 1,992,421 shares, while Mat Ishbia also held 408,131 shares directly.
UWM Holdings Corp insider reporting shows entities associated with President and CEO Mat Ishbia selling Class A Common Stock in open-market transactions. On May 5, 2026 and May 6, 2026, SFS Corp, a 10% holder, sold a total of 2,006,666 shares at weighted average prices of $3.45 and $3.66 per share under a Rule 10b5-1 trading plan. After these sales, indirect holdings through SFS Corp were 1,992,421 shares, while Mat Ishbia also held 408,131 shares directly.
UWM HOLDINGS CORP ownership update: FMR LLC reports beneficial ownership of 26,508,262.37 shares of Class A common stock, representing 9.0%. The filing states sole voting power of 26,461,870 and sole dispositive power of 26,508,262.37.
The filing is an amendment (No. 6) to a Schedule 13G/A and notes that one or more other persons have rights to dividends or sale proceeds; no other person holds more than 5.0%.
UWM HOLDINGS CORP ownership update: FMR LLC reports beneficial ownership of 26,508,262.37 shares of Class A common stock, representing 9.0%. The filing states sole voting power of 26,461,870 and sole dispositive power of 26,508,262.37.
The filing is an amendment (No. 6) to a Schedule 13G/A and notes that one or more other persons have rights to dividends or sale proceeds; no other person holds more than 5.0%.
UWM Holdings Corporation reported a strong rebound for the first quarter of 2026 and maintained its regular dividend. For the quarter ended March 31, 2026, loan origination volume reached $44.9 billion, up 39% year-over-year and marking the second-highest first-quarter production in the company’s history. Total revenue was $901.4 million and net income was $170.4 million, compared with a net loss in the prior-year quarter. Adjusted EBITDA was $160.9 million.
The company ended the quarter with approximately $1.3 billion of available liquidity, including $424.0 million of cash, and total equity of $1.60 billion. The Board declared a cash dividend of $0.10 per share on Class A common stock, payable July 9, 2026 to shareholders of record on June 18, 2026, continuing a 22‑quarter streak of such dividends.
UWM Holdings Corporation reported a strong rebound for the first quarter of 2026 and maintained its regular dividend. For the quarter ended March 31, 2026, loan origination volume reached $44.9 billion, up 39% year-over-year and marking the second-highest first-quarter production in the company’s history. Total revenue was $901.4 million and net income was $170.4 million, compared with a net loss in the prior-year quarter. Adjusted EBITDA was $160.9 million.
The company ended the quarter with approximately $1.3 billion of available liquidity, including $424.0 million of cash, and total equity of $1.60 billion. The Board declared a cash dividend of $0.10 per share on Class A common stock, payable July 9, 2026 to shareholders of record on June 18, 2026, continuing a 22‑quarter streak of such dividends.
UWM Holdings Corp reported insider activity involving entities tied to President and CEO Mat Ishbia. SFS Holding Corp, a 10% holder associated with Ishbia, executed open-market sales totaling 2,938,418 shares of Class A Common Stock between April 30 and May 4 at prices in the mid-$3 range under a Rule 10b5-1 trading plan.
On May 1, SFS Holding Corp also converted 3,605,772 UWM Paired Interests into an equal number of Class A shares. After these transactions, SFS Holding Corp held 3,999,087 Class A shares indirectly for Ishbia, while he directly held 408,131 Class A shares.
UWM Holdings Corp reported insider activity involving entities tied to President and CEO Mat Ishbia. SFS Holding Corp, a 10% holder associated with Ishbia, executed open-market sales totaling 2,938,418 shares of Class A Common Stock between April 30 and May 4 at prices in the mid-$3 range under a Rule 10b5-1 trading plan.
On May 1, SFS Holding Corp also converted 3,605,772 UWM Paired Interests into an equal number of Class A shares. After these transactions, SFS Holding Corp held 3,999,087 Class A shares indirectly for Ishbia, while he directly held 408,131 Class A shares.