other material
confidence high
sentiment positive
materiality 0.65
UWM Holdings says no exposure to SVB, Silvergate, or Signature; 90% of $9.3B warehouse capacity with large banks
UWM Holdings Corp
- No cash deposits, securities, or accounts at Silicon Valley Bank, Silvergate Bank, or Signature Bank.
- No other business relationships with Silicon Valley Bank, Silvergate Bank, or Signature Bank.
- Substantially all corporate cash accounts held with large global money center banks.
- Approximately 90% of $9.3B warehouse line capacity is with large global money center banks or affiliates.