UWM Holdings Corp. in Pontiac has reported preliminary third-quarter 2026 total revenue between $800 million and $825 million and net income between $205 million and $220 million.
“The company is providing this information in advance of the commencement of the measurement period used to determine the subscription price under its previously announced rights offering so that investors have access to updated operating and financial information before the beginning of that period,” UWM said in a statement.
The unaudited results for the quarter that ended Sept. 30, shows loan origination volume of $33.4 billion, including $22.8 billion of purchase and $10.6 billion of refinance originations. The report also shows loan servicing income between $240 million to $250 million and loan production income between $410 million to $420 million.
Other highlights from the report include:
- Gain margin of approximately 124 basis points.
- Mortgage servicing rights portfolio unpaid principal balance of approximately $270 billion with a weighted average coupon of approximately 5.97 percent and weighted average servicing fee of approximately 40 basis points.
- Operating expenses of between $375 million and $385 million.
- Adjusted EBITDA between $170 million and $190 million.
- Total preferred and common equity of approximately $2.8 billion on Sept. 30.
UWM also updated its full-year total revenue projection to between $3.35 billion and $3.50 billion, which is lower than expected from earlier in 2026 as a result of a decrease in origination volume throughout the industry.
