Tagged: United Wholesale Mortgage (UWM)

Questions over UWM’s capital structure, MSR valuations, and pricing strategy could carry consequences across the wholesale channel

One securities class action challenges UWM’s disclosures, while two newer stockholder suits target board oversight of the $27.5 billion derivatives position

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Amended complaint adds a named broker, new loan-level figures and a claim that damages have climbed to at least $100 million

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