UWM Holdings Corp

Snapshot

UWM is a wholesale mortgage lender whose revenue jumped 65.8% to $3.16B in FY 2025 with a 58% operating margin, yet net income was just $27.4M, a thin sliver of revenue.

What's Happening Right Now

• Tue 27th Oct '26 · Rights offering: UWM's $400M rights offering (up to 200M new Class A shares at the greater of $2.00 or 85% of recent trading price, backstopped by SFS Group and Oaktree) moved toward pricing with an Oct 27, 2026 prospectus supplement that also disclosed preliminary Q3 2026 results: $33.4B of origination volume, $800-825M revenue and $205-220M net income.
• Tue 27th Oct '26 · Investigation: On Oct 27, 2026, Lifshitz Law PLLC named UWM Holdings in a batch announcement soliciting investors for a securities-law investigation, alongside three unrelated issuers; no lawsuit or disclosure accompanies the announcement.
• Wed 7th Oct '26 · Stock decline: On Oct 7, 2026, UWMC shares fell to $1.17, down about 80% from their 2026 high, as mortgage lenders broadly dropped on a jump in mortgage rates.
• Tue 6th Oct '26 · Product update: On Oct 6, 2026, UWM rolled out a credit scoring enhancement that automatically selects the stronger of a borrower's FICO and VantageScore 4.0 scores to lower payments and fees for brokers' clients.
• Wed 5th Aug '26 · Registration: Registered additional securities for sale on Form S-3ASR.
• Wed 5th Aug '26 · Offering: Raised $1.65B in gross proceeds through a private placement (PIPE), with warrants over 330.00M shares.