United Wholesale Mortgage

Board cites “certain value,” challenges stock structure, timeline, and execution risk in escalating MSR battle

Open letter escalates weeks-long deal battle, challenges board actions, and raises stakes for MSR-driven M&A

Move follows GSE policy shift, giving brokers visibility into both FICO and VantageScore

Revised all-cash offer tops prior $10.80 agreement, reinforces servicing strategy as UWM competition lingers

Broker owner Pablo Martinez raises concerns about lead flow neutrality and lender influence

Complaint points to earlier higher bids and disclosure gaps in CrossCountry deal