Financing ·
UWM Holdings Corporation announced a $2.05 billion strategic capital partnership with Oaktree Capital Management and…
UWMC-WTUWM Holdings Corp
UWM Holdings Corporation announced a $2.05 billion strategic capital partnership with Oaktree Capital Management and the Ishbia Family, closing on August 5, 2026. The transaction includes $1.65 billion in preferred equity issued to investors alongside warrants to purchase 330 million shares of Class A common stock. UWM also announced a suspension of its quarterly common dividend to prioritize debt reduction and balance sheet strength. Additionally, the company reported second quarter 2026 results showing total loan origination volume of $39.7 billion, revenue of $888.0 million, and a net loss of $451.9 million. To further strengthen liquidity, UWM intends to conduct a rights offering for up to 200 million shares with a record date of October 2, 2026. The company operates in the mortgage lending industry as the nation's largest wholesale home mortgage lender.