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Mat Ishbia

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Brokers say it’s ‘business as usual’ with UWM despite loss, capital raise 

August 13, 2026 by bp56691
Mortgage brokers working with United Wholesale Mortgage (UWM) say it remains “business as usual” following the lender’s second-quarter loss and a multibillion-dollar capital raise, with no noticeable impact so far on day-to-day loan production.
Categories HWmember, LendingLife, Mat Ishbia, Mortgage, Mortgage Broker, Origination, United Wholesale Mortgage, Wholesale Lending

UWM lines up record $2.05B Ishbia–Oaktree capital raise as it posts Q2 loss

August 5, 2026 by bp56691
UWM Holdings Corp. is pairing the announcement of a record $2.05 billion strategic capital partnership with its second-quarter 2026 results, which show the nation’s largest mortgage lender is still leaning into growth despite higher leverage and moving into the red.
Categories Earnings, HWmember, LendingLife, Mat Ishbia, Mortgage, United Wholesale Mortgage

Mortgage rates rise past 6.75% as inflation uncertainty persists

July 7, 2026 by bp56691
30-year conforming rates averaged 6.77%, with jumbo at 6.75%, as Fed messaging stayed hawkish and 1-year inflation expectations rose to 3.7%.
Categories Cotality, Federal Reserve, HWmember, Inflation, Mat Ishbia, Mortgage Rates, Mortgage Rates Center

UWM raises revenue guidance ahead of Two Harbors vote

March 10, 2026 by bp56691
The parent of United Wholesale Mortgage raised the bar on 2026 revenue expectations just days ahead of a shareholder vote from Two Harbors Investment Corp. on a proposed $1.3 billion merger.
Categories HWmember, LendingLife, Mat Ishbia, Mergers and Acquisitions, Mortgage, Origination, Two Harbors Investment Corp., United Wholesale Mortgage

Phoenix Suns ownership dispute involving UWM’s Ishbia resolved in court

October 17, 2025 by bp56691
The Phoenix Suns ownership dispute involving UWM CEO Mat Ishbia ends with a dismissal, as the parties agreed to cover their own legal fees.
Categories HWmember, Lawsuit, Legal, Mat Ishbia, Mortgage, United Wholesale Mortgage

Bilt raises $250M to expand into mortgages, with backing from UWM

July 10, 2025 by bp56691
Bilt, which operates a loyalty program and credit card that converts rent payments into points, has secured a new funding round led by General Catalyst and GID.
Categories HWmember, Investment, LendingLife, Mat Ishbia, Mortgage, Origination, Renters, United Wholesale Mortgage

Justin Ishbia strikes deal to buy Chicago White Sox

June 5, 2025 by bp56691
Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday.
Categories Chicago, HWmember, Mat Ishbia, Mortgage, United Wholesale Mortgage

Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds

June 2, 2025 by bp56691
Mat Ishbia, president and CEO of United Wholesale Mortgage, is confident that if ending the conservatorship results in higher rates, it’s unlikely the government will move forward with it.
Categories Bill Pulte, Donald Trump, Fannie Mae, Freddie Mac, GSE Reform, HWmember, LendingLife, Mat Ishbia, Mortgage, Regulatory, Trump Administration, United Wholesale Mortgage

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