NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) --

UWM Holdings Corporation (NYSE:UWMC) shareholders should email fletcher@fmoorelaw.com

What is the Investigation About?

On December 17, 2025, mortgage lender UWM announced that it and mortgage servicing rights ("MSR") company Two Harbors entered into a merger agreement pursuant to which UWM would acquire Two Harbors for about $1.3 billion in UWM stock. Two Harbors was free to receive proposals superior to UWM’s. In connection with the proposed acquisition, UWM entered into significant hedging transactions against Two Harbors’ MSR portfolio whose value typically and rapidly changes based on interest rates and homeowner refinancing speeds.

Although UWM had disclosed certain information about having hedged the transaction before March 27, investors did not learn the truth of the company’s exposure until August 6, 2026. That day UWM reported three important things.

First, the company reported a massive $451 million net loss and roughly a $603 million hedging loss. Management revealed, apparently for the first time, that "we were over-hedged" and "obviously, the Two Harbors transaction went away."

Second, UWM disclosed that its total equity sequentially plunged by about $615 million, or a whopping 38%.

On top of that and third, UWM told shareholders in essence that, as a result of the foregoing, it entered into a massively dilutive recapitalization plan.

If you own UWM Holdings Corporation (NYSE:UWMC) securities, please contact Fletcher Moore at fletcher@fmoorelaw.com.

You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever. All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

MOORE LAW PLLC

30 Wall Street, 8^th Floor

New York, NY 10005

fletcher@fmoorelaw.com

www.fmoorelaw.com

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