Tag Archives: Mat Ishbia

Inman unveils new class of 2024 Power Players

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With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards. Continue reading →

WSJ eyes Mat Ishbia’s quest to be ‘king of mortgages and basketball’

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“The Wall Street Journal” alleges UWM CEO and Phoenix Suns owner is “charting a risky path in both business and sports,” but the Ishbia family is raking in hundreds of millions of dollars in profit even when the company is losing money. Continue reading →

Tough times for mortgage lenders? UWM hired 1,000 employees in Q3

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While others are downsizing, the nation’s biggest mortgage lender is investing in new technology and hiring new team members to be prepared if mortgage rates come down and business booms. Continue reading →

UWM posts $229M Q2 profit as spring mortgage originations soar

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United Wholesale Mortgage, the nation’s largest lender, also raised refinancing volume by 23 percent after being hammered by higher interest rates, according to Q2 earnings released Wednesday. Continue reading →

WATCH: UWM CEO Mat Ishbia gets shoved by 7-footer at NBA game

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Ishbia, majority owner of the Phoenix Suns, was knocked over by Nuggets’ star Nikola Jokic in a play that headed his way, for which he was given a technical foul. Continue reading →

UWM says it’s hiring as Bloomberg details alleged ‘locker room culture’

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The nation’s biggest mortgage lender is planning to hire 500 people and is holding a job fair Saturday just days after a Bloomberg News expose of alleged drug use, discrimination and harassment. Continue reading →

Rocket, UWM cut a combined 9,500 positions in 2022, new filings show

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Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Continue reading →

UWM rolls out ‘one-time-close’ new construction loan in time for spring

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Homebuyers can put as little as 5 percent down when taking out a new construction loan, with one closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage. Continue reading →