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UWMC| Name | Value |
|---|---|
| Revenues | 677.1M |
| Cost of Revenue | 81.4M |
| Gross Profit | 595.7M |
| Operating Expense | 65.0M |
| Operating I/L | 395.5M |
| Other Income/Expense | -48.5M |
| Interest Income | 94.8M |
| Pretax | 301.7M |
| Income Tax Expense | 0.7M |
| Net Income/Loss | 301.0M |
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.
