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United Wholesale Mortgage

UWM tried for its first acquisition, then its stock fell and the math stopped working

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When UWM Holdings Corp. lost its bid last week to acquire Two Harbors Investment Corp. (TWO), upstaged by an offer from rival CrossCountry Intermediate HoldCo, analysts were not entirely surprised. “It was such a wild turn of events,” said Eric Hagen, an analyst at BTIG. “But we were not surprised that it broke up.” The […]

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Two Harbors postpones vote on UWM merger after quorum miss

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A special Two Harbors Investment Corp. (TWO) shareholder meeting to vote on its proposed acquisition by United Holding Corp., the parent of United Wholesale Mortgage (UWM), lacked a quorum Monday morning, forcing the company to reschedule the vote for March 24. “The TWO board of directors determined, and continues to believe, that the proposed transaction

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UWM raises revenue guidance ahead of Two Harbors vote

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United Holding Corp., the parent of United Wholesale Mortgage (UWM), raised the bar on 2026 revenue expectations, issuing guidance just days ahead of a shareholder vote from Two Harbors Investment Corp. on UWM’s proposed $1.3 billion all-stock acquisition. “Even without the Two Harbors transaction, we now expect our total revenue for the first quarter of

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Mortgage lenders report strong start to 2026 homebuying season

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Mortgage lenders are entering the 2026 spring homebuying season with strengthening business pipelines, fueled by lower mortgage rates, rising refinance incentives and early signs of improving purchase demand. “We’re off to a great start,” Alex Elezaj, executive vice president and chief strategy officer for United Wholesale Mortgage (UWM) said in an interview with HousingWire. “Spring

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Rocket Mortgage alleges $194,000 loss in broker fraud lawsuit

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Rocket Mortgage has sued a California mortgage brokerage and one of its executives, alleging they knowingly submitted fraudulent loan applications that concealed borrowers’ debts and caused financial losses after the loans were sold to investors. In a complaint filed Tuesday in the U.S. District Court for the Eastern District of Michigan, Rocket Mortgage said Sharp

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UWM shifts strategy with $1.3B Two Harbors deal, boosts servicing

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The move by United Wholesale Mortgage’s (UWM) parent company to acquire Two Harbors Investment Corp. for $1.3 billion — the first acquisition in its history — marks a shift towards a more balanced business model between origination and servicing for the nation’s top mortgage lender. UWM will continue to focus on its broker channel, while

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How UWM’s Newest Tech Additions Giving Brokers Unmatched Growth, Speed and Control

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UWM has boosted its tech ecosystem with new tools and major upgrades to its core platforms: Brand 360 + Canva, its marketing hub that now pairs broker branding with real-time, trend-driven content creation; Loan Lab, an interactive sandbox that lets brokers model scenarios and compare loan options before finalizing them on live loans; and its

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Q2 2025 company earnings in mortgage and real estate

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HousingWire reports on the quarterly earnings of publicly traded mortgage and real estate companies, offering a glimpse into the financial performance of key players in the housing market. As earnings results begin to be released for the third quarter of 2025, here’s a rundown of what’s happening at the major lenders, brokerages, listing portals and

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Tech Pulse: MLS AI debate; CoStar disputes Zillow announcement

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Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: It’s up to MLSs to decide if the Zillow-ChatGPT integration violates IDX policies The National Association of Realtors (NAR) said individual MLSs must determine whether Zillow’s ChatGPT integration

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Phoenix Suns ownership dispute involving UWM’s Ishbia resolved in court

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The legal dispute over ownership and transparency of the NBA‘s Phoenix Suns has apparently come to an end as the parties have executed a stipulation of dismissal in the Delaware Court of Chancery, formally ending the lawsuit without a judge deciding the merits. The filing, submitted Friday, stipulates that both parties will cover their own

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