UWM Holdings Q2 FY26 net loss turns to USD 451.9 million - UWMC News | RalliesUWM Holdings Q2 FY26 net loss turns to USD 451.9 million
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UWMC• UWM reports wider loss, higher revenue and new capital investment
- UWM Holdings posts a GAAP net loss of USD 451.9 million, swinging from net income a year earlier; revenue rises 17.01% to USD 888 million.
- Total gain margin widens 20 basis points to 133 bps; loan origination volume is flat at USD 39.7 billion versus a year earlier.
- Purchase originations fall 12.82% to USD 23.8 billion, while refinance originations jump 28.39% to USD 15.9 billion.
- The company announced a USD 2.05 billion equity capital investment from Oaktree Capital Management and SFS Group Capital, an Ishbia family vehicle.
- The board suspends the quarterly dividend; Mat Ishbia says the Oaktree partnership aims to make UWM “stronger” and “more liquid.”
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