UWM Holdings controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Lead plaintiff deadline of October 13, 2026 in UWM Holdings Corporation lawsuit
Lawsuit filed
On September 23, 2026, the law firm Levi & Korsinsky reminded shareholders of a lead plaintiff deadline of October 13, 2026 in a lawsuit against UWM Holdings Corporation (UWMC). The reminder concerns the opportunity for shareholders to seek appointment as lead plaintiff in the matter. The supplied source does not state the date the lawsuit was filed, the court in which it is pending, or the specific allegations made against the company. It also does not describe any response from UWM Holdings Corporation. This note is limited to the information contained in the source.
Company response
Denial — Two Harbors
"The lawsuit filed by UWMC is frivolous and raises serious questions about UWMC's public disclosures," Two Harbors said in a statement.
Denial — United Wholesale Mortgage
We do not comment on legal matters that are currently pending, especially those that have no merit or substance.
Source excerpt
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 13, 2026 in UWM Holdings Corporation Lawsuit - UWMC
The Pontiac, Michigan-based company is seeking to recover more than $500 million in alleged damages it claimed were created by Two Harbor's "willful breaches of contract and cover-up."
UWM Holdings has gone ahead and sued Two Harbors Investment over their failed merger transaction
2026
Michigan couple files federal lawsuit against UWM over allegedly vanished $425,000 check
Lawsuit filed
A Michigan couple filed a federal lawsuit against United Wholesale Mortgage (UWM) on October 12, 2026, in the Western District of Michigan, alleging that UWM never credited a $425,000 cashier's check that USPS tracking shows was delivered to UWM's Payment Processing Center on January 3, 2026, that UWM allegedly "lost, discarded, or destroyed" the check, that interest kept accruing on the full loan balance for more than a month, and that UWM failed to correct or investigate and respond in writing to the couple's error notice as required under the Truth in Lending Act, RESPA, and Michigan's Mortgage Brokers, Lenders, and Servicers Licensing Act. The couple seeks actual damages, additional statutory penalties, attorney fees, and costs, and has demanded a jury trial. None of the allegations have been proven and no court has made any findings on the claims.
Stated objective. The couple seeks actual damages, additional penalties allowed under the statutes, attorney fees, and costs, and has demanded a jury trial.
Source excerpt
The filing also identifies UWM's Payment Processing Center as operated by a company called Regulus, described as UWM's authorized payment-processing agent.
The filing alleges UWM "lost, discarded, or destroyed" the check.
None of the allegations in this lawsuit have been proven, and no court has made any findings on the claims.
2023
Shareholder allegations concerning the SPAC transaction
A shareholder lawsuit alleged breaches of fiduciary duties related to UWM's 2021 merger with Gores Holdings IV. The allegations are reported as claims in litigation and are not treated here as established findings.
2022
UWM sues America's MoneyLine over broker agreement
Lawsuit filed
UWM Holdings filed a lawsuit in Michigan federal court against America's MoneyLine, claiming the broker repeatedly violated its broker agreement by submitting mortgage loans to Rocket Mortgage and Fairway Independent Mortgage. UWM sought $2.8 million. America's MoneyLine's CEO called UWM's move anticompetitive. The claims are allegations and have not been determined by a court.
UWM filed a lawsuit in Michigan federal court claiming America's MoneyLine repeatedly violated its broker agreement by submitting mortgage loans to Rocket Mortgage and Fairway Independent Mortgage, and seeking $2.8 million. America's MoneyLine's CEO called UWM's move anticompetitive; the claims are allegations, not a court determination.
Source excerpt
However, in a statement he provided HousingWire Friday afternoon, he described UWM’s move as “anticompetitive, anti-American” and said it won’t survive judicial scrutiny.
UWM filed a lawsuit in Michigan federal court late Thursday that claims America’s MoneyLine, a high-volume mortgage brokerage based in Southern California, owes it $2.8 million for repeatedly violating the terms of the agreement.
2021
Broker exclusivity policy dispute
UWM's decision to stop working with brokers who also worked with Rocket Mortgage or Fairway Independent Mortgage prompted a lawsuit seeking class-action status against the company and Mat Ishbia. UWM framed the policy as a response to competitors' practices and as protection for the wholesale channel.
2018
Overtime compensation litigation
Account executives alleged that they were not paid overtime for work performed at UWM. The company settled the lawsuit in 2018.
Workplace-culture allegations
Some employees have characterized UWM's workplace culture as toxic. UWM denied the accusation. The available reference does not provide a specific date or an adjudicated finding.