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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.

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.

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.