Name | Value |
---|---|
Revenues | 695.3M |
Cost of Revenue | 0.0M |
Gross Profit | 695.3M |
Operating Expense | 51.2M |
Operating I/L | 74.4M |
Other Income/Expense | 382.9M |
Interest Income | 67.4M |
Pretax | 457.3M |
Income Tax Expense | 4.0M |
Net Income/Loss | 453.3M |
UWM Holdings Corporation is a leading player in the residential mortgage lending business in the United States. The company specializes in originating mortgage loans through the wholesale channel, with a focus on conforming and government loans. By providing these mortgage products, UWM Holdings Corporation generates revenue through the interest and fees associated with the loans. With a history dating back to 1986, the company has established itself as a key player in the mortgage lending industry, catering to the needs of homebuyers and contributing to the overall housing market.