secwatch.observer — SEC 8-K summary
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Issuer:     UWM Holdings Corp (UWMC)
CIK:        0001783398
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001783398-22-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UWM Q1 net income $453M, EPS $0.22, purchase volume record $19.1B, Q2 outlook $26-33B
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- Net income of $453.3M (diluted EPS $0.22); Q1 2021 net income was $860.0M.
- Purchase originations $19.1B (Q1 record, +56% YoY); total volume $38.8B (-21% YoY).
- Total gain margin 99 bps in Q1 2022, down from 219 bps in Q1 2021.
- Q2 2022 outlook: loan volume $26-33B, gain margin 75-90 bps.
- Declared $0.10/share dividend, payable July 11, 2022; plus $150.2M distribution to SFS Corp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783398/000178339822000022/0001783398-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783398/000178339822000022/xbrl-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001783398-22-000022

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