Andrew Hubacker
On March 28, 2025, Mr. Andrew Hubacker informed the Board of Directors of UWM Holdings Corporation (the “Company”) that he would be transitioning into a senior advisor role effective April 1, 2025.
Highest-materiality recent filing
UWMC challenges TWO board rejection of $12.50/share bid, urges vote against CCM merger
UWMC's May 11 cash/stock offer of $12.50/share was rejected by TWO board, which supports $12.00/share CCM deal.
ISS recommends Two Harbors stockholders vote against CCM merger, backs UWMC $12.50 bid
ISS advises TWO stockholders to reject CCM merger at May 19 special meeting; backs UWMC's $12.50/share offer.
UWMC boosts Two Harbors bid to $12.50/share cash; urges vote against CCM deal
New proposal: $12.50 cash per share (no cap) or 2.3328 UWMC shares per TWO share.
UWM Q1 2026: loan origination volume $44.9B (+39% YoY), net income $170.4M, declares $0.10 dividend
Q1 2026 loan origination volume $44.9B (+39% YoY); total revenue $901.4M; net income $170.4M vs $247M loss in Q1 2025.
UWMC's $12.00 per share all-cash offer (plus stock option) is 6.2% above TWO's recommended $11.30 CrossCountry deal.
UWMC revises offer for Two Harbors to $12/share cash or 2.3328 UWMC shares
Revised offer: $12.00 cash per share (vs. $11.30 from CrossCountry) or 2.3328 UWMC Class A shares per TWO share, no cap on cash.
UWM posts investor presentation on pending acquisition of Two Harbors
UWM Holdings furnished an investor presentation regarding its pending acquisition of Two Harbors, Inc. on March 11, 2026.
UWM updates Q1 2026 revenue guidance to $800M-$900M, FY2026 to $3.5B-$4.5B
Q1 2026 total revenue expected between $800M and $900M; FY2026 between $3.5B and $4.5B.
UWM Q4 net income $164.5M on $49.6B originations; dividend $0.10; Two Harbors acquisition pending
Q4 total revenue $945.2M, net income $164.5M, adjusted EBITDA $232.8M.
UWM Holdings to acquire Two Harbors Investment Corp. in stock-for-stock merger
Two Harbors shareholders get 2.3328 shares of UWMC Class A common per share; preferred converted into equivalent UWMC preferred.
UWMC to acquire Two Harbors (TWO) in $1.3B all-stock deal, 21% premium
UWMC to acquire all TWO common stock at 2.3328 UWMC shares per TWO share, implying $11.94/share value.
UWM Q3 originations $41.7B (largest since 2021), net income $12.1M, declares $0.10 dividend
Q3 loan origination volume $41.7B vs $39.7B in Q2 and $39.5B in Q3 2024; largest quarterly originations since 2021.
UWM Holdings issues $1.0B of 6.250% senior notes due 2031
UWM Holdings LLC issued $1.0B in 6.250% senior notes due March 15, 2031, at 100% par.
UWM Holdings prices $1.0B 6.250% senior notes due 2031, upsized from $600M
Issued $1.0B aggregate principal of 6.250% senior unsecured notes due 2031, increased from $600M.
UWM posts Q2 net income $314.5M; originations $39.7B, up 18% YoY
Net income $314.5M in Q2 2025 vs net loss of $247.0M in Q1 2025 and net income $76.3M in Q2 2024.
UWM Holdings posts Q1 net loss of $247M; originations up 17% YoY to $32.4B
Net loss of $247M ($0.12 diluted EPS loss) vs net income of $180.5M in Q1 2024; revenue of $613.4M up 5% YoY.
Andrew Hubacker transitions to senior advisor role effective April 1, 2025, vacating CFO position.
UWM Q4 net income $40.6M, full year $329.4M; declares $0.10 dividend
Q4 net income $40.6M ($0.02 diluted EPS) vs net loss $461.0M in Q4 2023. FY net income $329.4M vs loss $69.8M.
UWM Holdings issues $800M of 6.625% senior notes due 2030
$800M aggregate principal of 6.625% senior unsecured notes due Feb 1, 2030; issued at par.
UWM Holdings upsizes senior notes offering to $800M at 6.625% due 2030
UWM Holdings, LLC priced $800M of 6.625% senior unsecured notes due 2030, upsized from $500M.
UWM Q3 net income $31.9M (down 89% YoY); originations $39.5B; declares $0.10 dividend
Q3 net income $31.9M vs $301M in Q3 2023; diluted EPS -$0.06 (adjusted EPS $0.01).
UWM Holdings Q2 net income falls to $76.3M; originations up to $33.6B
Q2 net income $76.3M ($0.03 EPS) vs $180.5M in Q1 2024 and $228.8M in Q2 2023.
UWM Q1 net income $180.5M, EPS $0.09; originations $27.6B, record purchase volume $22.1B
Net income of $180.5M vs loss of $461M in Q4 2023 and loss of $138.6M in Q1 2023; diluted EPS $0.09.
Q4 2023 net loss $461.0M ($0.29 diluted EPS); includes $634.4M MSR fair value decline.
UWM Holdings Q3 net income $301M, EPS $0.15; declares $0.10 dividend
Net income of $301.0M, diluted EPS $0.15; adjusted net income $234.7M, adjusted diluted EPS N/A (anti-dilutive).
UWM Q2 net income $228.8M on record purchase volume $28B; declares $0.10 dividend
Q2 loan origination volume $31.8B (purchase $28.0B record); net income $228.8M vs. Q1 loss $138.6M.
UWM Q1 net loss $138.6M; purchase volume hits record $19.2B; dividend $0.10/sh
Q1 2023 net loss $138.6M (diluted EPS -$0.13); adjusted EBITDA $141.0M vs $60.4M in prior quarter.
No cash deposits, securities, or accounts at Silicon Valley Bank, Silvergate Bank, or Signature Bank.
UWM Holdings reports Q4 net loss of $62.5M, declares $0.10 dividend; Q1 guidance $16-23B volume
Q4 net loss $62.5M (diluted EPS -$0.03) vs net income $325.6M in Q3; full year net income $931.9M (diluted EPS $0.45).
UWM Q3 net income $325.6M, diluted EPS $0.13; becomes #1 overall mortgage originator
Total loan origination volume $33.5B, including $27.7B purchase volume (best purchase quarter ever, +24% QoQ).
UWM enters $1.5B MSR financing facility with Citibank, maturing Sept 2023
UWM subsidiary signed amended loan agreement with Citibank for up to $1.5B facility to finance mortgage servicing rights.
UWM Holdings Q2 net income $215.4M, EPS $0.09; Q3 volume guidance $23-28B
Net income $215.4M ($0.09 diluted EPS); adjusted net income $165.3M.
UWM Holdings CFO Timothy Forrester to take health leave; CAO Andrew Hubacker named interim CFO
CFO Timothy Forrester began leave of absence for health reasons effective June 16, 2022.
UWM Q1 net income $453M, EPS $0.22, purchase volume record $19.1B, Q2 outlook $26-33B
Net income of $453.3M (diluted EPS $0.22); Q1 2021 net income was $860.0M.
UWM Holdings Q4 net income $239.8M on $55.2B volume; Q1 guidance $33-42B
Net income $239.8M in Q4 2021, down from $1.4B in Q4 2020; full year net income $1.6B ($0.66 diluted EPS).
UWM issues $500M of 5.750% senior unsecured notes due 2027
$500M aggregate principal, 5.750% coupon, issued at 100% of face value.
On March 28, 2025, Mr. Andrew Hubacker informed the Board of Directors of UWM Holdings Corporation (the “Company”) that he would be transitioning into a senior advisor role effective April 1, 2025.
On March 28, 2025, the Board appointed Rami Hasani as the Company’s Executive Vice President, Chief Financial Officer, effective as of April 1, 2025.
On June 30, 2023, UWM Holdings Corporation (the “Company”) appointed Stacey Coopes to the Company’s Board of Directors (the “Board”), effective immediately.
On February 6, 2023, UWM Holdings Corporation (the “Company”) appointed Andrew Hubacker to serve as the Company’s Executive Vice President, Chief Financial Officer and Chief Accounting Officer, effective immediately.
The Company’s Board of Directors has designated Andrew Hubacker, Senior Vice President and Chief Accounting Officer, (Principal Accounting Officer), to serve as the interim principal financial officer for the Company, effective June 16, 2022, during Mr. Forrester’s leave.
Effective June 16, 2022, Timothy Forrester, Chief Financial Officer of UWM Holdings Corporation (the “Company”), will commence a leave of absence for health reasons.
Max materiality 0.90 · Median 0.70 · Most common event earnings