United Wholesale Mortgage

Closing will put RoundPoint’s servicing platform and Two Harbors’ MSR operation under CrossCountry, while UWM’s $500 million-plus lawsuit remains unresolved

Two Harbors disputes UWM’s claims and questions its $603.2 million derivatives loss, while Ishbia says the wholesale lender has never been stronger

Lender alleges Two Harbors undermined their merger and steered the company toward CrossCountry, turning a costly acquisition failure into a federal court fight

Bullseye 90 can be applied to a conventional or government purchase or refinance loan through Sept. 8

Fitch downgraded the wholesale giant after leverage reached 6.1x, saying the preferred investment changes UWM’s funding structure but does not immediately reduce its debt burden

The wholesale lender is raising $2.05 billion and suspending its dividend after the transaction contributed to a sharp quarterly loss and exposed balance-sheet pressure