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United Wholesale Mortgage reports a robust 2024, turning a $69.8M loss into a $329.4M profit.
United Wholesale Mortgage (UWM) reported a strong 2024, reversing a $69.8 million net loss in 2023 to a $329.4 million net income.
The company originated $139.4 billion in loans, a 29% increase from 2023.
Refinance originations more than tripled to $43.4 billion.
UWM attributed the growth to technology investments and expanding its broker channel.
Despite market challenges, including high interest rates, UWM saw significant increases in both loan production and net income.
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United Wholesale Mortgage reporta un robusto 2024, convirtiendo una pérdida de $69.8M en un beneficio de $329.4M.