UWM Holdings Corporation is a U.S.-based enterprise specializing in the provision of residential mortgage financing. The company originates home loans predominantly through a wholesale distribution model, with its offerings primarily consisting of conforming and government-backed mortgages. Established in 1986, its corporate headquarters are situated in Pontiac, Michigan.

Mat Ishbia

United Wholesale Mortgage (UWM) lost a bidding war to acquire Two Harbors Investment Corp to privately-held CrossCountry Mortgage. While UWM's final offer of $12.50 per share was higher than CrossCountry's winning $12 per share bid, analysts view UWM's decision to walk away as prudent. Given UWM's unsustainably high 20% dividend yield and earnings that don't cover dividend payments, avoiding the costs and complexity of a contentious merger protects shareholder value.

UWM Walked Away From the Two Harbors Bidding War. That Might Be the Best News for Shareholders.

CEO/CIO at @LuptonCapital and @FirstWaveFund (long/short hedge fund, long-biased, focused on high-growth, disruptive companies) — https://t.co/SQEowKnIF9

UWM Holdings Corp (UWMC) Stock Price, Analysis & Trade Signals