secwatch.observer — SEC 8-K summary
======================================

Issuer:     UWM Holdings Corp (UWMC)
CIK:        0001783398
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001783398-24-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UWM Holdings reports Q4 2023 net loss of $461M; declares $0.10 dividend, guides Q1 2024 volume $22-28B
--------------------------------------------------------------------------------

- Q4 2023 net loss $461.0M ($0.29 diluted EPS); includes $634.4M MSR fair value decline.
- Full year 2023 net loss $69.8M ($0.14 diluted loss per share); origination volume $108.3B vs $127.3B in 2022.
- Record purchase originations of $93.9B in 2023; Q4 purchase volume $20.7B.
- Board declares $0.10/share cash dividend payable Apr 11; also approves $150.2M distribution to SFS Corp.
- Q1 2024 outlook: production $22-28B, gain margin 80-105 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783398/000178339824000009/0001783398-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783398/000178339824000009/xbrl-20240228.htm
  HTML page:      https://secwatch.observer/filing/0001783398-24-000009

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