United Wholesale Mortgage returned to a quarterly profit in the third quarter, but its latest financial results show that the turnaround came as mortgage production and revenue declined. The figures add a more complete picture to the company’s previously...
UWM Holdings Corporation has set the terms for a rights offering of 200 million Class A shares, moving forward with a plan designed to raise at least $400 million as the parent of United Wholesale Mortgage continues a broader balance-sheet overhaul announced last...
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused real estate investment trust, announced that an unsolicited proposal to acquire all of the outstanding shares of common stock constituted a “Company Superior Proposal” as...
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused REIT, announced that its board of directors received an unsolicited proposal to acquire all outstanding shares of the company’s common stock for $10.70 per share in cash....
UWM Holdings Corporation (NYSE: UWMC) has named Rami Hasani as its new chief financial officer, effective April 1. He will replace Andrew Hubacker, who is moving into a senior advisor role with the Pontiac, Michigan-based company. Hasani originally joined the company...
UWM Returns to Profit as Mortgage Originations Fall 16% in Third Quarter
