CSIMarket
 
Uwm Holdings Corporation  (NYSE: UWMC)
Other Ticker:  
 
 
Price: $4.1800 $-0.20 -4.566%
Day's High: $4.31 Week Perf: -1.42 %
Day's Low: $ 4.17 30 Day Perf: 1.46 %
Volume (M): 4,300 52 Wk High: $ 9.74
Volume (M$): $ 17,972 52 Wk Avg: $6.49
Open: $4.28 52 Wk Low: $3.89



 Market Capitalization (Millions $) 476
 Shares Outstanding (Millions) 114
 Employees 6,700
 Revenues (TTM) (Millions $) 2,207
 Net Income (TTM) (Millions $) -98
 Cash Flow (TTM) (Millions $) -121
 Capital Exp. (TTM) (Millions $) 50

Uwm Holdings Corporation
UWM Holdings Corporation, formerly known as United Wholesale Mortgage, is a publicly traded company that operates as one of the largest wholesale mortgage lenders in the United States. The company was founded in 1986 and is headquartered in Pontiac, Michigan. UWM is licensed in all 50 states and provides mortgage products and services through a network of more than 12,000 independent mortgage brokers.

The company's primary offering is wholesale mortgage lending to brokers, who then sell the loans to borrowers. UWM originates, underwrites, and funds loans and then sells them to government-sponsored entities (GSEs), such as Fannie Mae and Freddie Mac. The company also services loans on behalf of the GSEs.

UWM Holdings Corporation has a unique business model in the mortgage industry. Unlike traditional mortgage lenders, UWM does not have a retail banking presence and instead relies solely on a network of independent mortgage brokers to originate loans. This approach allows the company to focus solely on mortgage lending and to provide faster turn times, more flexibility, and more competitive pricing to brokers and borrowers.

In addition to its wholesale mortgage lending operations, UWM Holdings Corporation operates subsidiaries that provide title, appraisal, and closing services. The company also offers technology solutions to its network of brokers, including a proprietary loan origination platform called "EASE."

UWM Holdings Corporation went public in early 2021 through a special purpose acquisition company (SPAC) merger with Gores Holdings IV. The company is now listed on the New York Stock Exchange (NYSE) under the ticker symbol "UWMC."

As of 2021, UWM Holdings Corporation had more than 9,000 employees and reported a revenue of $3.4 billion in 2020. The company prides itself on its customer service, technology, and commitment to transparency and ethical business practices.

Overall, UWM Holdings Corporation is a leader in the wholesale mortgage lending industry and has a track record of growth and innovation.


   Company Address: 585 South Boulevard E. Pontiac, 48341 MI
   Company Phone Number: 981-8898   Stock Exchange / Ticker: NYSE UWMC


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Business Update

UWM Holdings Corporation Appoints Rami Hasani Chief Financial Officer

Published Tue, Apr 1 2025 6:48 AM UTC

UWM Holdings Corporation Strategically Appoints Rami Hasani as CFO Amidst Robust Financial ManeuversIn a significant strategic move, UWM Holdings Corporation (NYSE: UWMC), a major player in the mortgage sector headquartered in Pontiac, Michigan, has embarked on a new chapter of financial leadership. On April 1, 2025, Rami Hasani will step into the vital role of Chief Financ...

Business Update

UWM Holdings Scores Big $800 Million Senior Notes Offering Fuels Growth Strategy,

Published Fri, Dec 6 2024 12:47 AM UTC

UWM Holdings Corporation, a prominent player in the mortgage sector, has recently announced the pricing of an upsized offering of $800 million in senior notes. The decision to increase the offering from an initially proposed $500 million underscores the company s robust financial positioning and confidence in its future performance. Details of the Offering On specific date, ...

Business Update

UWM Holdings Upsizes Senior Notes Offering to $800 Million, Signaling Strong Investor Confidence,

Published Thu, Dec 5 2024 10:47 PM UTC

UWM Holdings Corporation Expands Offerings with Upsized $800 Million Senior Notes PONTIAC, Mich. UWM Holdings Corporation (NYSE: UWMC) has announced the pricing of its significantly upsized offering of $800 million in 6.625% senior notes due 2030, a move that signals confidence in the company?s financial standing and strategic growth initiatives. This offering is an increa...

Dividend

UWM Holdings: Navigating a Turbulent Mortgage Market with Resilience and Innovation

Published Tue, Aug 6 2024 2:57 PM UTC

United Wholesale Mortgage Holdings Corporation Reports Strong Second Quarter 2024 Performance Despite Challenges in Fair Value of MSRs
In a landscape marked by fluctuating interest rates and regulatory shifts, United Wholesale Mortgage Holdings Corporation (NYSE: UWMC) has emerged as a resilient player in the mortgage origination arena. The company s recently released re...

Uwm Holdings Corporation

UWM Holdings Corporation Crushes Earnings Expectations in First Quarter of 2024

UWM Holdings Corporation, the parent company of United Wholesale Mortgage, has once again proven its dominance in the mortgage market with its outstanding performance in loan origination. The company's recent financial report for the first quarter of 2024 is nothing short of impressive, as it witnessed a remarkable revenue rise of 253.408% year on year, reaching a staggering $569.96 million.
What is even more commendable is that UWM Holdings Corporation managed to turn a profit, displaying earnings per share (EPS) of $0.09. This is a significant improvement from the previous quarter, where EPS was at -$0.24 per share. Additionally, the company's revenue surge in the first quarter of 2024 compares favorably to its peers in the Consumer Financial Services industry, as they only experienced a 12.70% business rise in the same period.







Uwm Holdings's Segments





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com