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About UWM Holdings Corp
UWM Holdings Corp. is a wholesale mortgage lender, which underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions. The company is headquartered in Pontiac, Michigan and currently employs 6,700 full-time employees. The company went IPO on 2020-01-24. The company originates primarily conforming and government loans across all 50 states and the District of Columbia. The firm is focused on the wholesale channel and has resulted in relationships with over 13,000 independent broker businesses throughout the United States, with over 53,000 associated loan officers, of which approximately 35,000 have submitted a loan to the Company. The company also focuses primarily on originating conventional, agency-eligible loans that can be sold to Fannie Mae, Freddie Mac or transferred to Ginnie Mae pools for sale in the secondary market. Utilizing its proprietary system, Easiest Application System Ever (EASE), it is focused on client service, and loan quality throughout the entire loan origination, underwriting and closing processes.
Industry: Mortgage Bankers & Loan Correspondents Peers: RADIAN GROUP INC Enact Holdings, Inc. MGIC INVESTMENT CORP Mr. Cooper Group Inc. FLAGSTAR FINANCIAL, INC. Rocket Companies, Inc. TFS Financial CORP Walker & Dunlop, Inc. WSFS FINANCIAL CORP