Full-Time

Operations Specialist

Updated on 9/11/2026

Deadline 7/23/27
United Wholesale Mortgage

United Wholesale Mortgage

5,001-10,000 employees

Wholesale mortgage lender financing brokers' loans

No salary listed

Pontiac, MI, USA

In Person

On-site in Pontiac, Michigan.

Category
Clerical & Data Entry (1)

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Requirements
  • A high school diploma or equivalent is required.
  • Comfort using computers to look up information, read and write emails, and use basic office software is required.
  • Ability to communicate clearly and professionally, including over the phone, is required.
  • A process-oriented approach and strong organizational skills are required.
  • Experience in a professional office, retail, customer service, or similar setting is required.
Responsibilities
  • Enter and validate data.
  • Label and organize loan documents.
  • Order and verify income documentation.
  • Monitor requirements for a loan to be approved.
  • Review state and federal compliance information.
  • Handle inbound and outbound calls.
Desired Qualifications
  • A positive attitude and willingness to learn are desired.
United Wholesale Mortgage

United Wholesale Mortgage

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United Wholesale Mortgage funds loans for independent mortgage brokers rather than directly to homebuyers, operating as a wholesale lender. Brokers submit loan requests to UWM, which underwrites and funds the loans, then the brokers close the loan with the borrower. UWM grew from a small Michigan operation to the largest wholesale mortgage lender in the United States, helped by CEO Mat Ishbia’s leadership after joining in 2003 and driving rapid expansion. In 2021, UWM went public through a SPAC merger valued at $16.1 billion, boosting capital and visibility for the broker channel. The company differentiates itself by focusing on the broker channel, scale, and speed of funding, aiming to provide efficient, reliable mortgage funding and technology to support independent brokers and their customers.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Troy, Michigan

Founded

1986

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Simplify Jobs

Simplify's Take

What believers are saying

  • August 2026 Oaktree partnership added $2.05 billion and lifted equity toward $3 billion.
  • Second-quarter 2026 generated about $40 billion origination volume and $185.9 million adjusted EBITDA.
  • September 2026 Mark Cuban Foundation bootcamp and AI initiatives reinforce technology branding.

What critics are saying

  • August 6, 2026 hedge loss wiped $451.9 million and triggered dividend suspension.
  • September 2, 2026 securities suit targets March-August 2026 disclosures about over-hedging.
  • Oaktree can seize board control after missed payments, effectively taking UWM within seven years.

What makes United Wholesale Mortgage unique

  • Largest U.S. wholesale mortgage lender, still serving 12,000-plus independent brokers.
  • Proprietary broker tools like ChatUWM and Mortgage Matchup deepen channel lock-in.
  • 2026 Oaktree capital reset strengthens balance sheet and preserves wholesale-scale lending capacity.

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Benefits

Paid Time Off

Additional parental and maternity leave benefits

Adoption reimbursement program

Paid volunteer hours

Paid training and career development

Medical, dental, vision and life insurance

401k with employer match

Mortgage discount and area business discounts

Free membership to our large, state-of-the-art fitness center

Wellness area

Gourmet cafeteria

Convenience store featuring healthy grab-and-go snacks

In-house Starbucks and Dunkin

Indoor/outdoor café with Wi-Fi

Growth & Insights and Company News

Headcount

6 month growth

21%

1 year growth

21%

2 year growth

25%
GlobeNewswire
Sep 2nd, 2026
UWM ALERT: Bragar Eagel & Squire, P.C. Announces that a class action lawsuit has been filed against UWM Holdings Corporation and Encourages Investors to contact the firm.

UWM ALERT: Bragar Eagel & Squire, P.C. Announces that a class action lawsuit has been filed against UWM Holdings Corporation and Encourages Investors to contact the firm. Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In UWM To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in UWM between March 9, 2026 and August 5, 2026and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at [email protected] or by telephone at (212) 355-4648. NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) - What's Happening: * Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against UWM Holdings Corporation ("UWM" or the "Company") (NYSE:UWMC) in the United States District Court for the Eastern District of Michigan on behalf of all persons and entities who purchased or otherwise acquired securities between March 9, 2026 and August 5, 2026, both dates inclusive (the "Class Period"). Investors have until October 13, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details: * The complaint filed in this class action alleges that between March 9, 2026 and August 5, 2026, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company had deviated from its traditional strategy of not hedging its mortgage servicing rights to take a major hedge position; (2) the Company over-hedged itself in anticipation of the Two Harbors transaction; (3) the Company's purported efforts to balance its risk in fact created an excess hedging risk; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Next Steps: * If you purchased or otherwise acquired UWM shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Melissa Fortunato, Esq. (212) 355-4648 [email protected] www.bespc.com

MarketBeat
Sep 2nd, 2026
UWM (NYSE:UWMC) trading up 6.9% - Here's why.

UWM (NYSE:UWMC) trading up 6.9% - Here's why. September 2, 2026 Key points. * UWM shares rose 6.9% to about $1.47 in mid-day trading, despite trading volume running 87% below its average session level. * The company reportedly secured a roughly $2 billion liquidity lifeline, potentially strengthening its balance sheet but also posing dilution and other cost risks. * UWM faces investor lawsuits alleging disclosures failed to adequately address risks in its mortgage-servicing-rights hedging strategy, including more than $603 million in hedge losses. Analysts maintain a consensus "Hold" rating, with a $4.01 average price target. * Interested in UWM? Here are five stocks we like better. UWM Holdings Corporation (NYSE:UWMC - Get Free Report) was up 6.9% during mid-day trading on Wednesday. The stock traded as high as $1.45 and last traded at $1.4650. Approximately 2,468,393 shares were traded during trading, a decline of 87% from the average session volume of 19,445,412 shares. The stock had previously closed at $1.37. UWM news summary. Here are the key news stories impacting UWM this week: * UWM reportedly secured a roughly $2 billion liquidity lifeline, which could strengthen its balance sheet and help the mortgage lender manage near-term funding needs. However, the arrangement carries risks, including potential dilution and other costs. * Multiple law firms announced or promoted the same securities class action against UWM Holdings. The proposed class generally covers investors who purchased UWMC securities from March 9 through August 5, 2026, with most notices citing an October 13, 2026 deadline to seek lead-plaintiff status. These releases primarily solicit investors and do not represent a new judgment against the company. * The lawsuits allege that UWM and certain executives misrepresented or failed to disclose risks in the company's mortgage-servicing-rights hedging strategy, including an allegedly over-hedged position tied to the failed Two Harbors transaction. Notices point to UWM's reported admission of more than $603 million in hedge losses, a 34% stock decline on August 6, and a plan that could substantially dilute existing shareholders. If the claims advance, UWM could face litigation costs, damages and continued reputational pressure. Analyst upgrades and downgrades. UWMC has been the topic of several recent research reports. Citizens Jmp upgraded UWM from a "market perform" rating to an "outperform" rating and set a $3.00 target price on the stock in a report on Wednesday, July 29th. Barclays cut their price target on UWM from $4.00 to $2.00 and set an "overweight" rating for the company in a report on Friday, August 7th. Citigroup upgraded UWM to an "outperform" rating in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $5.50 price objective on shares of UWM in a research note on Thursday, May 7th. Finally, Weiss Ratings cut UWM from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, August 11th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $4.01. UWM stock performance. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of -18.19 and a beta of 1.77. The stock's fifty day simple moving average is $1.80 and its 200-day simple moving average is $2.90. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 6.05. UWM (NYSE:UWMC - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.30). UWM had a negative return on equity of 6.20% and a negative net margin of 1.04%.The company had revenue of $162.13 million for the quarter, compared to analyst estimates of $727.46 million. Analysts predict that UWM Holdings Corporation will post 0.08 EPS for the current year. Institutional inflows and outflows. Several institutional investors and hedge funds have recently made changes to their positions in the business. Corient Private Wealth LP boosted its holdings in UWM by 222.5% in the second quarter. Corient Private Wealth LP now owns 149,260 shares of the company's stock valued at $342,000 after purchasing an additional 102,974 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in UWM during the second quarter worth approximately $30,000. California State Teachers Retirement System grew its position in shares of UWM by 249.3% during the second quarter. California State Teachers Retirement System now owns 813,985 shares of the company's stock worth $1,864,000 after acquiring an additional 580,968 shares during the last quarter. Secure Asset Management LLC acquired a new stake in UWM during the 2nd quarter worth $30,000. Finally, Public Employees Retirement System of Ohio purchased a new position in UWM during the 2nd quarter worth $181,000. 53.59% of the stock is owned by institutional investors and hedge funds. UWM company profile. United Wholesale Mortgage NYSE: UWMC is a leading mortgage lender in the United States specializing in the wholesale channel. The company partners with independent mortgage brokers, community banks and credit unions to offer a full suite of residential mortgage products. Through its network of third-party originators, United Wholesale Mortgage underwrites, funds and closes loans, allowing its partners to focus on customer acquisition and service. The company's product offerings include conventional fixed- and adjustable-rate mortgages, Federal Housing Administration (FHA) loans, Veterans Affairs (VA) loans, U.S. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider UWM, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and UWM wasn't on the list. While UWM currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

GlobeNewswire
Sep 1st, 2026
Mark Cuban Foundation and United Wholesale Mortgage bring free AI Bootcamp to Pontiac teens.

Mark Cuban Foundation and United Wholesale Mortgage bring free AI Bootcamp to Pontiac teens. APPLICATIONS CLOSE SEPTEMBER 30 PONTIAC, Mich., Sept. 01, 2026 (GLOBE NEWSWIRE) - The Mark Cuban Foundation, in partnership with United Wholesale Mortgage, will host a no-cost Artificial Intelligence Bootcamp for high school students in Pontiac, Mich. and the surrounding area this fall. The program is open to students in grades 9-12 and will take place over three consecutive Saturdays - October 31, November 7, and November 14. Meals, transportation assistance and technology will be provided at no cost. The AI Bootcamp gives underserved students hands-on experience with cutting-edge AI tools, including generative AI, and explores real-world applications in fields such as healthcare, arts, business, computer science, sports science and career readiness. Students will also complete a capstone project under the guidance of industry mentors. "As AI continues to become an undeniable force in all of our lives, it's crucial that we open the door to this knowledge, especially to young people who want to explore it," said Mark Cuban, founder. "While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. Thanks to our work with United Wholesale Mortgage, the bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means." This year's bootcamp, taking place in Pontiac is hosted and staffed by United Wholesale Mortgage. "AI is one of the most important technologies of our generation, and we're only beginning to scratch the surface of what's possible," said Jason Bressler, Chief Technology Officer at United Wholesale Mortgage. "As AI becomes increasingly integrated into the way we work and live, it's critical that students have the opportunity to understand it, experiment with it and build the skills they'll need for the future. That's why we're proud to host the Mark Cuban Foundation AI Bootcamp for the fifth consecutive year and help introduce local students to a technology that will shape virtually every industry for decades to come." United Wholesale Mortgage is one of more than 25 host companies selected to host camps across the U.S. Watch Mark Cuban's message about Mark Cuban Foundation's AI bootcamps and access the full media kit here. This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program's media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals. About Mark Cuban Foundation's AI Bootcamp Initiative The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th - 12th grade students learn what AI is and isn't, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org. About UWM Holdings Corporation and United Wholesale Mortgage Headquartered in Pontiac, Michigan, UWM Holdings Corporation (UWMC) is the publicly traded indirect parent of United Wholesale Mortgage, LLC ("UWM"). UWM is the nation's largest home mortgage lender, despite exclusively originating mortgage loans through the wholesale channel. UWM has been the largest wholesale mortgage lender for 10 consecutive years and is also the largest purchase lender in the nation. With a culture of continuous innovation of technology and enhanced client experience, UWM leads the market by building upon its proprietary and exclusively licensed technology platforms, superior service and focused partnership with the independent mortgage broker community. UWM originates primarily conforming and government loans across all 50 states and the District of Columbia. For more information, visit uwm.com or call 800-981-8898. NMLS #3038.

Yahoo Finance
Sep 1st, 2026
Rocket offers $10K referral bonus to lure brokers from rival UWM

Rocket Mortgage has launched a "Moving Squad" programme to help brokers switch from rival United Wholesale Mortgage (UWM), offering a $10,000 bonus to existing partners who refer UWM brokers. The initiative, unveiled at a Detroit event, provides transitioning brokers with dedicated support including a director of growth and crew leader. Austin Niemiec, Rocket's chief revenue officer, said more brokers left UWM for Rocket in the past 90 days than in the previous 12 months combined. He criticised UWM's "All-In" policy requiring brokers to choose between lenders. UWM responded that the programme relies on cash incentives rather than technology and service, noting it has been the number one wholesale lender for 11 consecutive years with over 12,000 brokers.

PR Newswire
Aug 28th, 2026
UWMC alert: UWM (UWMC) faces Securities Class Action after investors learn of massive over-hedge loss.

UWMC alert: UWM (UWMC) faces Securities Class Action after investors learn of massive over-hedge loss. Aug 28, 2026, 12:23 ET SAN FRANCISCO, Aug. 28, 2026 /PRNewswire/ - UWM Holdings Corporation (NYSE: UWMC) faces a securities class action lawsuit after the price of their shares cratered 34% on August 6, 2026 in response to revelations that the company suffered over a $603 million hedge loss associated with its failed bid to acquire Two Harbors Investment Corp. and, as a result, agreed to a plan to massively dilute existing shareholders. Hagens Berman is investigating the alleged claims and encourages UWM investors who suffered substantial losses to submit your losses now. Key Details Class Period: Mar. 9, 2026 - Aug. 5, 2026 Lead Plaintiff Deadline: Oct. 13, 2026 Visit: www.hbsslaw.com/uwm Contact the Firm Now: [email protected] 844-916-0895 UWM Holdings Corporation (UWMC) Securities Class Action: The suit centers on UWM's disclosures about its hedging strategy in connection with its attempt to acquire Two Harbors. On December 17, 2025, mortgage lender UWM announced that it and mortgage servicing rights ("MSR") company Two Harbors entered into a merger agreement pursuant to which UWM would acquire Two Harbors for about $1.3 billion in UWM stock. Two Harbors was free to receive proposals superior to UWM's. In connection with the proposed acquisition, UWM entered into significant hedging transactions against Two Harbors' MSR portfolio whose value typically and rapidly changes based on interest rates and homeowner refinancing speeds. The complaint alleges that UWM did not disclose that it over-hedged in connection with its attempt to take over Two Harbors. The danger to this is that if an acquisition falls through the massive hedge left behind can turn into a speculative gamble. Over four months ago, on March 27, 2026, Two Harbors announced that it entered a definitive merger agreement with CrossCountry Mortgage in a cash transaction and that it terminated its previous deal with UWM and would pay UWM the termination fee. Although UWM had disclosed certain information about having hedged the transaction before March 27, investors did not learn the truth of the company's exposure until August 6, 2026. That day UWM reported three important things. First, the company reported a massive $451 million net loss and roughly a $603 million hedging loss. Management revealed, apparently for the first time, that "we were over-hedged" and "obviously, the Two Harbors transaction went away." Second, UWM disclosed that its total equity sequentially plunged by about $615 million, or a whopping 38%. On top of that and third, UWM told shareholders in essence that, as a result of the foregoing, it entered into a massively dilutive recapitalization plan. The market swiftly reacted, sending the price of UWM shares sharply lower that day. Between December 17, 2025, the day of the Two Harbors acquisition announcement, and August 6, 2026, the price Of UWM shares has declined by about $3.65 or 75%. Hagens Berman's Investigation "We're focused on UWM's explanations for why it refrained from unwinding its hedges months ago and why management seemingly went virtually silent on the naked hedging risks until recently," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation. If you invested in UWM and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now" Whistleblowers: Persons with non-public information regarding UWM should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected]. About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Attorney Advertising. Prior results do not guarantee a similar outcome in any future case. SOURCE Hagens Berman Sobol Shapiro LLP