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UWMC| Name | Value |
|---|---|
| Revenues | 519.8M |
| Cost of Revenue | 69.1M |
| Gross Profit | 450.8M |
| Operating Expense | 213.6M |
| Operating I/L | 237.1M |
| Other Income/Expense | -1,093.1M |
| Interest Income | 87.9M |
| Pretax | -468.4M |
| Income Tax Expense | -7.5M |
| Net Income/Loss | -27.1M |
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.
