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flag United Wholesale Mortgage reports a robust 2024, turning a $69.8M loss into a $329.4M profit.

flag United Wholesale Mortgage (UWM) reported a strong 2024, reversing a $69.8 million net loss in 2023 to a $329.4 million net income. flag The company originated $139.4 billion in loans, a 29% increase from 2023. flag Refinance originations more than tripled to $43.4 billion. flag UWM attributed the growth to technology investments and expanding its broker channel. flag Despite market challenges, including high interest rates, UWM saw significant increases in both loan production and net income.

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