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UWMC| Name | Value |
|---|---|
| Revenues | 420.0M |
| Cost of Revenue | -150.0M |
| Gross Profit | 570.0M |
| Operating Expense | 59.9M |
| Operating I/L | 282.9M |
| Other Income/Expense | -156.5M |
| Interest Income | 101.9M |
| Pretax | 184.3M |
| Income Tax Expense | 3.7M |
| Net Income/Loss | 8.7M |
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.
