UWM Reports Positive Q1 Earnings, New Record For Purchases
UWM Holdings Corporation, the parent company of United Wholesale Mortgage, reported positive Q1 2024 results, including a company record for purchase originations. The company saw total loan origination volume jump by 13.1% from last quarter, soaring to $27.6 billion. That’s up 23.76% YOY. Of that total, purchases accounted for $22.1 billion, a first-quarter record for…