Mortgage lender reaffirms $12.50-per-share bid and says additional value could be unlocked through negotiations with Two Harbors
Tagged: United Wholesale Mortgage (UWM)
Adoption milestone highlights industry's transition toward multiple approved credit-scoring models
The mortgage industry’s deal fight that refuses to end keeps getting extended like a Netflix series as proxy pressure and competing bids push the saga deeper into June
Lender rolls out purchase buydown credits, refi pricing incentives and expanded credit score options
UWM said shareholders are being denied the opportunity to consider what it calls a superior proposal for RoundPoint owner Two Harbors
Shareholder vote pushed to May 28 as lawsuit raises new questions over CrossCountry deal
Lender urges shareholders to reject CCM transaction, citing higher bid, proxy firm support, and governance concerns
Latest escalation in the Two Harbors bidding war comes after UWM claims shareholders would receive the same quarterly dividend under its competing proposal
CCM moves to counter UWM’s latest bid with additional cash value while emphasizing financing certainty
Board calls UWMC proposal “illusory, predatory, and unactionable,” escalating takeover fight days before May 19 vote