UWM Holdings Corporation operates as the publicly traded indirect parent of United Wholesale Mortgage, a residential mortgage lender that originates loans exclusively through the wholesale channel. The company works with independent mortgage brokers and originates primarily conforming and government loans across all 50 states and the District of Columbia.
Company updates commonly address loan origination volume, revenue and earnings, dividend declarations, mortgage servicing operations, proprietary technology platforms and broker-channel initiatives. UWMC news also includes capital-structure and governance matters, including public-float and share-liquidity activity involving SFS Holdings, as well as material agreements and shareholder voting matters.
UWMC (NYSE: UWMC)/b) reported that Mat Ishbia, as controlling owner of , has terminated its Rule 10b5-1 trading plan. The plan, started in 2025 to boost public float and liquidity, helped lift average daily volume above 16 million shares and increased float by over 135 million shares since June 2025.
SFS Holdings ended the plan effective Friday, May 8, the first open trading window since December 2025, and remains UWMC’s largest shareholder with about 1.3 billion shares.
UWM Holdings (NYSE: UWMC) submitted a revised proposal to acquire all shares of Two Harbors (NYSE: TWO) for $12.50 per share in cash or 2.3328 UWMC shares (May 11 Premium Proposal).
According to UWMC, cash is uncapped and requires election, and it urges TWO stockholders to vote against the competing $12.00-per-share CCM merger on May 19, 2026 and related proposals while it seeks engagement with the TWO board.
UWM Holdings (NYSE: UWMC) reported 1Q26 results: $44.9B loan originations, $901.4M total revenue, $170.4M net income and $160.9M adjusted EBITDA for the quarter ended March 31, 2026.
Unpaid principal of MSRs was $229.5B with a 5.90% WAC. Cash and available liquidity totaled about $1.3B. Board declared a $0.10 per-share cash dividend payable July 9, 2026.
Summary not available.
TWO (NYSE: TWO) reaffirmed its unanimous Board recommendation to approve the amended all-cash sale to CrossCountry Mortgage (CCM) for $11.30 per share and rejected UWM Holdings' (NYSE: UWMC) revised unsolicited proposal as inferior. TWO cites lack of committed financing, employee and regulatory risks, potential default into UWMC stock (estimated 25–30%), and a longer closing path for UWMC. TWO says CCM offers committed financing, no financing contingency, a fixed cash price, and an expected close in Q3 2026 with HSR timing and multiple state approvals underway.
Summary not available.
Two Harbors (NYSE: TWO) reported Q1 2026 results and signed a definitive merger agreement with CrossCountry Mortgage, LLC, increasing per-share cash consideration to $11.30. TWO terminated its prior UWM agreement. Book value was $10.57 and a Q1 common dividend of $0.34 was declared.
The company posted a comprehensive loss of $24.7M, repaid $261.9M UPB of convertible notes, added $151.8M UPB of MSR, and expects the transaction to close in H2 2026, subject to approvals.
UWM Holdings (NYSE:UWMC) will release its first quarter 2026 financial results on May 6, 2026 and host an investor Q&A the same day at 11:00 a.m. ET. A press release, replay, and transcript will be posted in the financials section of the investor website.
Participants can register for the Zoom webinar and are encouraged to submit questions by 10:00 a.m. ET on May 6, 2026. The session will include forward-looking statements.
Summary not available.
Two Harbors (NYSE: TWO) entered a definitive merger agreement with CrossCountry Mortgage announced March 27, 2026, under which CrossCountry will acquire all outstanding TWO common shares for $10.80 per share in cash.
TWO terminated its prior UWMC agreement; CrossCountry agreed to pay a $25.4 million termination fee. The deal is expected to close in second half of 2026, is not subject to financing, will delist TWO, and redeems preferred shares at $25.00 plus accrued dividends.