secwatch.observer — SEC 8-K summary
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Issuer:     UWM Holdings Corp (UWMC)
CIK:        0001783398
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001783398-24-000041
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UWM Q3 net income $31.9M (down 89% YoY); originations $39.5B; declares $0.10 dividend
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- Q3 net income $31.9M vs $301M in Q3 2023; diluted EPS -$0.06 (adjusted EPS $0.01).
- Loan origination volume $39.5B (up 33% YoY), including $26.2B purchase; total gain margin 118 bps.
- Adjusted EBITDA $107.2M vs $112.1M in Q3 2023.
- Q4 guidance: originations $34-41B, gain margin 85-110 bps.
- Board declares $0.10 dividend payable Jan 9, 2025; approves $144M distribution to SFS Corp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783398/000178339824000041/0001783398-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783398/000178339824000041/xbrl-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001783398-24-000041

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