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UWM delivers $41.7B in Q3 volume amid ‘rate rally’

United Wholesale Mortgage (UWM) capitalized on the year’s lowest mortgage rates in the third quarter, closing $41.7 billion in loan origination volume, its best quarter performance since 2021. 

“We’ve been prepared for a rate rally for years, and the third quarter of this year is a little bit of a glimpse of what it would look like,” Mat Ishbia, UWM chairman, CEO and president, told analysts in an earnings call on Thursday morning. “To give you a more tangible example showcasing our capabilities, one day in September, we had details ⇒

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