Bose George

Douglas Harter

Eric Hagen

Jeffrey Adelson

Mikhail Goberman

Terry Ma

Bradley Capuzzi

Derek Sommers

Jordan Jay

- UWM Holdings, LLC, as Issuer, and United Wholesale Mortgage, LLC, as Guarantor, entered into an Indenture for **6.250% Senior Notes Due 2031** with U.S. Bank Trust Company, National Association as Trustee, dated **September 16, 2025**.  **[1783398_0001783398-25-000040_uwm2025-indenturex2031seni.htm:0]** 
- The notes are optionally redeemable by the company on or after **March 15, 2028**, at the following redemption prices plus accrued and unpaid interest  **[1783398_0001783398-25-000040_uwm2025-indenturex2031seni.htm:52]** :

| Metric | 2028 | 2029 | 2030 and thereafter |
|---|---|---|---|
| Optional Redemption Price (% of principal) | **103.125%**  **[1783398_0001783398-25-000040_uwm2025-indenturex2031seni.htm:52]**  | **101.563%**  **[1783398_0001783398-25-000040_uwm2025-indenturex2031seni.htm:52]**  | **100.000%**  **[1783398_0001783398-25-000040_uwm2025-indenturex2031seni.htm:52]**  |

- Prior to March 15, 2028, the company may redeem notes at **100% of the principal amount plus an Applicable Premium**.  **[1783398_0001783398-25-000040_uwm2025-indenturex2031seni.htm:52]** 
- The company may also redeem up to **40% of the original aggregate principal amount** of the notes prior to March 15, 2028, at a price of **106.250%** of the principal amount plus accrued interest, using net cash proceeds from an Equity Offering.  **[1783398_0001783398-25-000040_uwm2025-indenturex2031seni.htm:52]**

UWM Holdings Corp Enters Indenture for 6.250% Senior Notes Due 2031

- **Q1 2025 performance**: Total revenue of **$613 million** and a net loss of **$247 million** (primarily due to a **$388 million** MSR fair value reduction) **[1783398_UWMC_3425405_3]** **[1783398_0001783398-25-000022_q12025ex-991pressrelease.htm:0]**  
- **Production & Origination**: Loan origination volume of **$32.4B**, including **$21.7B** in purchase originations, with Q2 production guidance in the **$38B–$45B** range **[1783398_0001783398-25-000022_q12025ex-991pressrelease.htm:0]** **[1783398_0001783398-25-000022_q12025ex-991pressrelease.htm:1]**  
- **Operational Efficiency**: Clear-to-close time improved to **12.7 days** (down from 13.9 days) alongside a **Net Promoter Score of 87.3%** **[1783398_UWMC_3425405_1]**  
- **Additional Metrics**: Achieved a gain margin of **94 bps** and **adjusted EBITDA of $57.8M** **[1783398_0001783398-25-000022_q12025ex-991pressrelease.htm:0]**  
- **Strategic Initiatives**: Focused on technology investments and bringing servicing in-house by year-end next year to realize annual cost savings between **$40M and $100M** **[1783398_UWMC_3425405_4]**  
- **Dividend Declaration**: The Board declared a cash dividend of **$0.10 per share** **[1783398_UWMC_3425405_4]** **[1783398_0001783398-25-000022_xbrl-20250506.htm:2]**

UWM Holdings Corp Reports Q1 2025 Results Announcement

- **Mr. Andrew Hubacker** transitions to a senior advisor role effective **April 1, 2025**.  **[0001783398-25-000016_xbrl-20250328.htm:1]**   
- **Rami Hasani** is appointed as Executive Vice President, Chief Financial Officer and principal accounting officer, with a revised compensation package including a base salary of **$330,000**, an annual bonus target of **$250,000**, a long-term incentive award equal to **1.5%** of the LTIP pool, and a one-time promotion award of **$1.0 million** in restricted stock units.  **[0001783398-25-000016_xbrl-20250328.htm:1]**   
- The announcement reflects key management changes and compensation updates crucial for portfolio insights.  **[0001783398-25-000016_xbrl-20250328.htm:1]**

UWM Holdings Corp CFO Transition and Appointment Announcement

UWM Holdings (UWMC)