In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. 1 lender in the country. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind Rocket Mortgage.
“I don’t have on my board my goal is to be the No. 2 overall lender, it’s to be No. 1 and we’re going to do that,” Ishbia told HousingWire in 2021.
After two golden years in the mortgage market during the pandemic period, refis have dried up and details ⇒
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