UWM and Google Cloud announce 'strategic' AI mortgage partnership
Nation's largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support
by Matt Carter Apr 8
Mat Ishbia
In a year when home sales hit a 3-decade low, the nation's biggest mortgage lender racked up a $329M profit and made $96.1B in loans to homebuyers -- the company's best year ever
by Matt Carter Feb 26
Nation's largest mortgage lender shorted by Park Avenue hedge fund
United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren't shopping around for best deals. UWM dismissed a related lawsuit as 'a sham'
by Matt Carter Apr 3
UWM's best year for purchase loans also produces $69.8M loss
Nation's biggest mortgage lender posts first annual loss since going public in 2020, largely driven by an $854.1M write-down in the value of UWM's $300B mortgage servicing rights portfolio
by Matt Carter Feb 28
UWM posts $229M Q2 profit as spring mortgage originations soar
United Wholesale Mortgage, the nation's largest lender, also raised refinancing volume by 23% after being hammered by higher interest rates, according to Q2 earnings released Wednesday
by Matt Carter Aug 9