secwatch.observer — SEC 8-K summary
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Issuer:     UWM Holdings Corp (UWMC)
CIK:        0001783398
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001783398-23-000020
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UWM Q1 net loss $138.6M; purchase volume hits record $19.2B; dividend $0.10/sh
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- Q1 2023 net loss $138.6M (diluted EPS -$0.13); adjusted EBITDA $141.0M vs $60.4M in prior quarter.
- Loan origination volume $22.3B (purchase $19.2B, highest Q1 purchase ever); gain margin 92 bps, up from 51 bps in Q4 2022.
- Q2 2023 guidance: originations $23-$30B, gain margin 75-100 bps.
- Cash dividend $0.10 per share declared, payable July 11, 2023 to holders of record June 21, 2023.
- Available liquidity ~$2.9B including $1.0B cash; total equity $2.9B at March 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783398/000178339823000020/0001783398-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783398/000178339823000020/xbrl-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001783398-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer