Public filings show how the Ishbia family’s stake in United Wholesale Mortgage (UWM) and its sports assets underpin a network of loans, according to a Bloomberg report.

Bloomberg’s review of Uniform Commercial Code (UCC) filings shows that Justin Ishbia pledged his economic interests in his private equity funds to secure loan facilities with JPMorgan Chase & Co. Additionally, the analysis found that the entity behind Mat Ishbia’s basketball team, the NBA‘s Phoenix Suns, has pledged future distributions to the bank and that Mat Ishbia used tax rebates tied to his UWM stake to help secure a recent $2.05 details ⇒

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