Uwm Holdings Corporation Stock Price, News & Analysis

UWM Holdings Corporation (NYSE:UWMC), parent of United Wholesale Mortgage, has scheduled its Q1 2025 earnings conference call for Tuesday, May 6, 2025, at 10 a.m. EDT. As the #1 overall mortgage lender and leader in wholesale and purchase mortgage lending in the U.S., UWM will:

• Release financial highlights via press release on their investor relations website
• Host a conference call for analysts and investors
• Provide toll-free dial-in access through registration
• Make audio webcast, taped replay, and transcript available online

Participants are advised to dial in at least 15 minutes before the call to ensure timely connection. All materials will be accessible at https://investors.uwm.com.

UWM Holdings (NYSE: UWMC) has announced the appointment of Rami Hasani as its new Chief Financial Officer, effective April 1, 2025. Hasani, who joined UWM in November 2020 as Vice President of Financial Reporting & Compliance, will succeed Andrew Hubacker, who will transition to a senior advisor role.

In his new position, Hasani will oversee all financial aspects including accounting, reporting, compliance, tax, treasury, liquidity management, budgeting, and forecasting. Prior to joining UWM, he spent over 15 years at Deloitte & Touche, LLP, most recently as a Senior Manager in the Advisory practice. Hasani holds a B.S. in accounting from Oakland University and has been a Certified Public Accountant since 2004.

UWM Holdings (NYSE: UWMC) reported strong financial results for Q4 and full year 2024. The company achieved total loan origination volume of $139.4 billion for 2024, up nearly 30% year-over-year, with a gain margin of 110 basis points.

Key highlights include:

• Record purchase originations of $96.1 billion in 2024
• Refinance originations increased 201% to $43.4 billion in 2024
• Net income of $329.4 million in 2024, compared to a net loss of $69.8 million in 2023
• Q4 2024 net income of $40.6 million with originations of $38.7 billion

The company maintains strong liquidity with approximately $2.5 billion available, including $507.3 million in cash. For Q1 2025, UWM anticipates production between $28-35 billion with gain margins of 90-115 basis points. The Board declared a cash dividend of $0.10 per share, marking the seventeenth consecutive quarter of dividends.

UWM Holdings (NYSE:UWMC), the parent company of United Wholesale Mortgage and the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., has scheduled its fourth quarter and full year 2024 earnings announcement for Wednesday, February 26, 2025.

The company will release financial highlights via press release on their Investor Relations website and host a conference call for analysts and investors at 11 a.m. ET on the same day. Interested parties can register for a toll-free dial-in through the provided registration link and are advised to dial in at least 15 minutes before the call. An audio webcast, taped replay, and transcript will be available on UWM's Investor Relations website.

UWM Holdings (NYSE: UWMC) has announced the pricing of an upsized offering of $800 million in senior notes due 2030, increased from the initially announced $500 million. The notes will carry a 6.625% interest rate and will be issued at 100% of face value.

The notes will be guaranteed on a senior unsecured basis by UWM Holdings' subsidiary, United Wholesale Mortgage, and will rank equally with existing senior unsecured notes. The closing is expected on December 10, 2024. The company plans to use the proceeds to pay down outstanding amounts on United Wholesale Mortgage's MSR facilities and for general corporate purposes.

The offering is to qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S.

UWM Holdings (NYSE: UWMC) has announced a private offering of $500 million senior notes due 2030 through its subsidiary, UWM Holdings, The notes will be guaranteed on a senior unsecured basis by United Wholesale Mortgage, and will rank equally with existing senior unsecured notes.

The company plans to use the proceeds to reduce outstanding amounts on United Wholesale Mortgage's MSR facilities and for general corporate purposes. The offering is exclusively available to qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S of the Securities Act.

UWM Holdings (NYSE: UWMC) reported third quarter 2024 results with net income of $31.9 million, down from $76.3 million in Q2 2024. Total loan origination volume reached $39.5 billion, including $26.2 billion in purchase volume. The company achieved a total gain margin of 118 bps, improving from 106 bps in Q2 2024. Notably, the results included a $446.1 million decline in fair value of MSRs and a $226.9 million gain on other interest rate derivatives. For Q4 2024, UWM anticipates production between $34-41 billion with gain margin of 85-110 basis points.

UWM Holdings (NYSE:UWMC), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., announced it will release its third quarter 2024 financial results on Thursday, November 7, 2024. The company will host a conference call at 10:00 a.m. ET on the same day for financial analysts and investors to discuss results and answer questions. A press release with financial highlights will be available on the company's investor relations website, along with an audio webcast, taped replay, and transcript.

UWM Holdings (NYSE: UWMC) reported its Q2 2024 results with total loan origination volume of $33.6 billion, including $27.2 billion in purchase volume. The company achieved net income of $76.3 million and diluted earnings per share of $0.03. Key highlights include:

- Total gain margin of 106 bps in Q2 2024
- Adjusted EBITDA of $133.1 million
- Total equity of $2.3 billion as of June 30, 2024
- Available liquidity of approximately $2.7 billion

UWM continues to dominate the purchase market and is well-positioned for future growth. The company launched new initiatives like TRAC+ and ChatUWM, and was announced as the official mortgage partner of the NBA and WNBA.