Every 8-K that UWM Holdings Corporation (UWMC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow UWMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UWMC filings page.
UWM Holdings Corporation entered into a $1.65 billion preferred equity and warrant financing with Oaktree Capital funds and Ishbia-affiliated entities and outlined a fully backstopped rights offering targeting at least $400 million, together forming a $2.05 billion strategic capital partnership aimed at strengthening liquidity and reducing debt.
The company issued 1,500,000 shares of Series A-1 and 150,000 shares of Series A-2 Preferred Stock at a $1,000 Stated Value per share, carrying cumulative dividends of 10.0% in cash or 13.0% if accreted, plus 330,000,000 Warrants split between $6.00 Class A and $2.00 Class B strikes, exercisable in cash through 2036. Oaktree gains significant consent rights, two board seats (plus an observer) and potential board majority after seven years or upon specified Events of Noncompliance, while extensive covenants constrain new debt, dividends and major corporate actions.
Management plans a registered Rights Offering for 200,000,000 Class A shares at the greater of $2.00 or 85% of a 10-day VWAP, fully backstopped by Oaktree and the Ishbia family. For the second quarter of 2026, UWM generated $39.7 billion of originations, $888.0 million of revenue and a net loss of $451.9 million, with Adjusted EBITDA of $185.9 million, non-funding debt-to-equity of 6.13 and approximately $1.3 billion of available liquidity; the board has suspended the quarterly common dividend.
UWM Holdings Corporation reported the results of its Annual Meeting of Stockholders held on June 3, 2026. Stockholders elected four directors: Stacey Coopes, Jeffrey A. Ishbia, Laura Lawson and Isiah Thomas, each receiving over 1.24 billion votes for.
Stockholders also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 1,443,612,692 votes for, 2,318,843 against and 1,285,942 abstentions. In addition, they approved, on an advisory basis, the compensation of the company’s named executive officers, with 1,342,633,736 votes for and 8,340,970 against, alongside 404,046 abstentions and 95,838,725 broker non-votes.
UWM Holdings Corporation filed a Form 8-K after issuing a press release about its competing proposal for Two Harbors Investment Corp.. The release highlights that proxy advisor ISS recommended Two Harbors stockholders vote against the proposed CrossCountry Mortgage merger, which is priced at $12.00 per share.
ISS’s report referenced UWM’s competing offer, which it describes as having a higher headline value of $12.50 per share or stock upside, and questioned whether the Two Harbors board’s process has secured full value. ISS also recommended voting against a golden parachute compensation proposal and against adjourning the special meeting scheduled for May 19, 2026. UWM urges Two Harbors stockholders to vote against the CCM merger and related proposals to preserve the opportunity to engage on UWM’s proposal.
UWM Holdings Corporation reported a strong rebound for the first quarter of 2026 and maintained its regular dividend. For the quarter ended March 31, 2026, loan origination volume reached $44.9 billion, up 39% year-over-year and marking the second-highest first-quarter production in the company’s history. Total revenue was $901.4 million and net income was $170.4 million, compared with a net loss in the prior-year quarter. Adjusted EBITDA was $160.9 million.
The company ended the quarter with approximately $1.3 billion of available liquidity, including $424.0 million of cash, and total equity of $1.60 billion. The Board declared a cash dividend of $0.10 per share on Class A common stock, payable July 9, 2026 to shareholders of record on June 18, 2026, continuing a 22‑quarter streak of such dividends.
UWM Holdings Corporation filed a current report after issuing a press release responding to Two Harbors Investment Corp. rejecting UWMC’s $12.00 per share acquisition proposal in favor of an $11.30 per share cash transaction with CrossCountry Mortgage.
UWMC states its proposal is fully financed and highlights a committed, unsecured $1.3 billion bridge facility from Mizuho Bank with no ratings trigger, no borrowing-base test, and no market contingency, and notes that Mizuho has agreed to remove a customary due diligence condition. UWMC criticizes the Two Harbors board’s rationale, urges Two Harbors stockholders to evaluate the competing proposals, and says it is assessing its options to help those stockholders obtain what it views as higher value.
UWM Holdings Corporation has hired Okapi Partners LLC to advise on and help solicit proxies for the proposed merger with Two Harbors Investment Corp. under the existing Agreement and Plan of Merger. Two Harbors’ special stockholder meeting was adjourned to March 24, 2026 to allow more time for voting in favor of the transaction.
UWMC will pay Okapi $25,000, plus additional fees and costs if the merger is completed, and has agreed to indemnify Okapi for losses related to its services. The companies have an effective registration statement, proxy statement, and prospectus on file, and UWMC encourages Two Harbors stockholders who have not yet voted to submit proxies before the reconvened meeting.
UWM Holdings Corporation furnished an investor presentation outlining its pending acquisition of Two Harbors and updating its 2026 outlook. The company highlights an estimated ~$7.6 billion pro forma market value and a ~$2.2 billion public float after combining with Two Harbors.
UWM reiterates its quarterly dividend of about $160 million, or $0.10 per share, which equates to a 9.9% dividend yield, and notes that the deal should significantly increase equity and cash flow through Two Harbors’ servicing portfolio. Management also cites expected cost synergies of roughly $150 million and potential benefits from Two Harbors’ net operating loss carryforwards.
The presentation emphasizes UWM’s #1 mortgage origination platform alongside Two Harbors’ servicing operations and reports fourth-quarter 2025 loan originations of $49.6 billion, the highest since 2021. UWM expects standalone total revenue between $800 million and $900 million for the first quarter of 2026 and between $3.5 billion and $4.5 billion for full-year 2026.
UWM Holdings Corporation updated its financial outlook and operational plans in connection with its proposed acquisition of Two Harbors Investment Corp. For the first quarter of 2026, the company now expects total revenue between $800 million and $900 million, and for fiscal year 2026 it expects total revenue between $3.5 billion and $4.5 billion.
UWM reported total loan origination volume of $49.6 billion for the fourth quarter of 2025, its highest quarterly volume since 2021. Management highlighted implemented AI investments, including its voice-enabled assistant Mia, which is expected to handle over 12 million calls in 2026 and help support handling two to three times current loan volume through efficiency gains. UWM also cites progress toward an annualized nine-figure revenue run rate from new products such as TRAC+ and PA+, and reiterates its support for the strategic merits of the proposed Two Harbors transaction.
UWM Holdings Corporation furnished an earnings presentation outlining its strategy, financial profile, and plans to bring mortgage servicing in-house while integrating strategic partnerships such as BILT.
The presentation highlights UWM’s position as the #1 overall and wholesale mortgage lender, 4Q25 loan production of $49.6B, and servicing unpaid principal balance of $240.8B as of December 31, 2025. UWM details the announced acquisition of Two Harbors’ $176Bn owned servicing portfolio, projecting $392Bn pro forma servicing UPB, $1Bn+ in recurring servicing revenue potential, and $150mm annual potential synergies. For 2025, Adjusted EBITDA is shown at 697,336 (thousands), while non-funding debt reached $4,292,940 (thousands) and the non-funding debt to equity ratio rose to 2.69.
UWM Holdings Corporation reported strong fourth quarter and full-year 2025 results, highlighted by higher loan originations and improved profitability late in the year. Q4 2025 loan originations reached $49.6 billion, with total revenue of $945.2 million and net income of $164.5 million, a sharp rebound from earlier quarters.
For full-year 2025, originations were $163.4 billion, total revenue was $3.2 billion and net income was $244.0 million, while adjusted EBITDA rose to $697.3 million. The company ended the year with total assets of $16.9 billion, total equity of $1.6 billion and approximately $1.8 billion of available liquidity.
Strategically, UWM announced an all-stock merger agreement to acquire Two Harbors Investment Corp., continued rolling out its BILT rewards collaboration, launched an AI-powered income calculator and secured a Mortgage Matchup arena naming rights partnership. The board declared a $0.10 per share cash dividend on Class A common stock, payable on April 9, 2026 to holders of record on March 19, 2026, and guided Q1 2026 total revenue to between $650 million and $850 million.
UWM Holdings Corporation reported that the New York Stock Exchange will delist and has immediately suspended trading in its Warrants due to “abnormally low selling price” levels under NYSE rule 802.01D. Each Warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 and is scheduled to expire on January 21, 2026, under the ticker “UWMC.WS.” The company stated it does not intend to appeal the NYSE’s determination, and the NYSE will apply to the SEC to formally delist the Warrants after completing required procedures.
Trading of UWM’s Class A common stock on the NYSE under the ticker “UWMC” continues and is described as unaffected by this action, as long as the company continues to meet the NYSE’s other listing requirements. This means only the Warrants are being removed from NYSE trading, while the underlying common stock remains listed.
UWM Holdings Corporation entered into a definitive merger agreement to acquire Two Harbors Investment Corp. through a stock-for-stock transaction. Each share of Two Harbors common stock will be converted into the right to receive 2.3328 shares of newly issued UWMC Class A common stock, plus cash in lieu of fractional shares. Each series of Two Harbors preferred stock will convert one-for-one into newly created UWMC Series A, B, or C preferred stock with corresponding terms.
The deal is subject to customary conditions, including approval by Two Harbors stockholders, antitrust and other regulatory clearances, effectiveness of a UWMC registration statement, NYSE listing of the new UWMC shares, and the absence of certain material adverse effects. Both boards have unanimously approved the transaction, and one director designated by Two Harbors will join the UWMC board at closing. The agreement includes a $25.35 million termination fee payable by Two Harbors to UWMC in specified circumstances and an outside closing date initially 12 months after signing, extendable to 15 months if regulatory clearances are the only remaining condition.
UWM Holdings Corporation is planning a major stock-for-stock acquisition of Two Harbors Investment Corp. valued at $1.3 billion in equity. Two Harbors common stockholders will receive 2.3328 shares of newly issued UWMC Class A common stock for each Two Harbors share, with cash paid instead of fractional shares. Holders of Two Harbors Series A, B and C preferred stock will receive newly issued UWMC preferred shares with the same terms as their current securities.
The deal is expected to materially increase UWMC’s public float to about 513 million shares, or $2.6 billion based on the UWMC share price on December 16, 2025, a 93% rise from its current float. After closing, existing UWMC stockholders are expected to own roughly 87% of the combined company on a fully diluted basis, while Two Harbors stockholders will own about 13%. UWMC’s board is expected to expand to eleven directors, adding one director designated by Two Harbors. The transaction has been unanimously approved by both companies’ boards and is expected to close in the second quarter of 2026, subject to Two Harbors stockholder approval and customary regulatory and closing conditions.
UWM Holdings Corporation (UWMC) reported two updates. The company furnished a press release announcing results for the third quarter ended September 30, 2025, and declared a cash dividend.
The Board approved a $0.10 per share cash dividend on outstanding shares of Class A common stock, payable on January 8, 2026 to stockholders of record as of the close of business on December 18, 2025. The Board also approved a proportional distribution to SFS Corp., payable on or about January 8, 2026. The company noted it will post Form 8937 regarding the U.S. federal income tax characteristics of this dividend at its investor website.
UWM Holdings Corporation reported that its subsidiary UWM Holdings LLC issued $1.0 billion aggregate principal amount of 6.250% senior unsecured notes due 2031. The notes were issued at 100% of face value and pay interest semi-annually on March 15 and September 15, starting March 15, 2026, with final maturity on March 15, 2031.
UWM Holdings LLC can redeem the notes early at set premiums, including specified call prices beginning March 15, 2028, and an equity offering-related redemption of up to 40% of the notes at a price of 106.250% before that date. The notes are senior unsecured obligations of UWM Holdings LLC and are fully guaranteed on a senior unsecured basis by United Wholesale Mortgage, LLC, ranking equally with their other senior unsecured debt and effectively behind secured borrowings such as warehouse lines and facilities secured by mortgage servicing rights.
The indenture includes customary covenants that limit additional non-funding indebtedness based on leverage and coverage ratios, as well as restrictions on mergers, asset sales, restricted payments, affiliate transactions, sale-leasebacks and liens, along with change-of-control repurchase and event-of-default acceleration provisions.
UWM Holdings Corporation disclosed that its subsidiary UWM Holdings, LLC agreed to sell $1.0 billion aggregate principal amount of 6.250% senior unsecured notes due 2031. The notes will be guaranteed on a senior unsecured basis by United Wholesale Mortgage, LLC and will rank pari passu with that subsidiary’s existing senior unsecured notes.
The company plans to use the net proceeds primarily to repay its 5.5% Senior Notes due 2025 at their November 15, 2025 maturity, to pay down amounts outstanding under its MSR facilities, and to use any remaining funds for working capital. The closing of the new notes is expected on September 16, 2025, under a purchase agreement with J.P. Morgan Securities LLC as representative of the initial purchasers.