UWMC INVESTOR ALERT: Wolf Popper LLP Reminds UWM Holdings Corporation Investors of Pending Securities Fraud Class Action

UWM Holdings Corporation Investors Who Purchased Common Stock Between March 9, 2026 and August 5, 2026 May Seek Appointment as Lead Plaintiff by October 13, 2026

NEW YORK, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Wolf Popper LLP, a law firm representing investors in securities litigation, reminds investors that a securities class action lawsuit has been filed against UWM Holdings Corporation (“UWM” or the “Company”) (NYSE: UWMC).

The lawsuit is brought on behalf of investors who purchased or otherwise acquired UWM common stock between March 9, 2026 and August 5, 2026, inclusive. Investors seeking appointment as lead plaintiff must file a motion with the Court by October 13, 2026.

The case, Doug Bond v. UWM Holdings Corporation, No. 26-cv-12862, is pending in the United States District Court for the Eastern District of Michigan.

WHAT IS THE CASE ABOUT?

The lawsuit concerns UWM’s interest-rate hedging strategy surrounding its proposed acquisition of Two Harbors Investment Corp. and allegations that investors were not adequately informed that UWM had materially changed its traditional approach to managing the interest-rate risk associated with its mortgage servicing rights (“MSRs”).

UWM agreed in December 2025 to acquire Two Harbors, the owner of RoundPoint Mortgage Servicing, in an approximately $1.3 billion all-stock transaction. The deal was later terminated after Two Harbors accepted a competing offer.

According to the complaint, UWM historically relied principally on its mortgage-origination business as a natural hedge against changes in the value of its MSRs and did not traditionally hedge its MSR portfolio.

The complaint alleges that, while the Two Harbors transaction was pending, UWM changed course and established a significant interest-rate hedge to protect against the additional risk associated with the large MSR portfolio it expected to acquire.

The lawsuit alleges that UWM failed to adequately disclose to investors that:

• UWM had departed from its traditional strategy of not hedging its mortgage servicing rights and had established a significant hedge position;
• UWM had become over-hedged while positioning for the anticipated Two Harbors acquisition;
• the hedge intended to reduce the risk associated with the contemplated transaction had itself created substantial additional hedging risk; and
• as a result, certain positive statements concerning UWM’s business, operations, financial condition, and prospects were materially misleading or lacked a reasonable basis.

During the Class Period, UWM continued to make positive statements about its business. On March 9, 2026, for example, CEO Mat Ishbia stated that UWM’s “core business fundamentals remain very strong” and said that, “[e]ven without the Two Harbors transaction,” UWM expected fiscal 2026 revenue of between $3.5 billion and $4.5 billion.

In May 2026, Ishbia called UWM’s first quarter an “exceptional quarter” and told investors that UWM was “built to perform through all cycles.”

WHAT HAPPENED?

On August 5, 2026, after the market closed, UWM reported its second-quarter 2026 financial results, including a $603.2 million loss on interest-rate derivatives, which contributed to a $451.9 million quarterly net loss. The complaint also alleges that UWM’s total equity had fallen 43.6% from the prior-year period.

The next day, during UWM’s earnings conference call, Ishbia explained the circumstances surrounding the derivatives loss and acknowledged, “We were over-hedged, if you think of it that way, protecting against the Two Harbors transaction.”

Following those disclosures, UWM shares fell $0.64 per share, or approximately 34.8%, to close at $1.20 per share on August 6, 2026.

The complaint alleges that investors purchased UWM securities at artificially inflated prices because they were not informed of the extent of the Company’s Two Harbors-related hedging position or the risk that the hedge itself posed to UWM’s financial condition.

WHAT CAN UWM HOLDINGS INVESTORS DO?

If you purchased or otherwise acquired UWM common stock between March 9, 2026 and August 5, 2026 and suffered a loss, you may contact Adam Savett at (212) 451-9655 or [email protected] to discuss your legal rights.

Investors who wish to seek appointment as lead plaintiff must file a motion with the Court no later than October 13, 2026. You do not need to serve as lead plaintiff to participate in any potential recovery.

Wolf Popper has successfully recovered billions of dollars for defrauded investors. Wolf Popper’s reputation and expertise have been repeatedly recognized by courts that have appointed the firm to major positions in securities litigation. For more information about Wolf Popper, please visit the Firm’s website at www.wolfpopper.com.

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Wolf Popper LLP
Adam Savett
570 Lexington Avenue
New York, NY 10022
Tel.: (212) 451-9655
Email: [email protected]