UWM Holdings Corporation

UWM Holdings Faces Class Action Over $603M Hedging Loss

San Diego – September 12, 2026 -- Investors who purchased UWM Holdings Corporation (NYSE: UWMC) securities between September 12, 2026 and September 12, 2026 have until September 12, 2026 to seek lead plaintiff status in a securities fraud class action filed against the mortgage lender.

UWM disclosed a $603.2 million derivatives loss tied to a failed merger hedge

The lawsuit, captioned Bond v. UWM Holdings Corporation, No. 26-cv-12862 (E.D. Mich.), alleges UWM and top executives violated the Securities Exchange Act of 1934 by concealing an outsized hedge position taken ahead of a since-collapsed $1.3 billion merger with Two Harbors Investment Corp. The all-stock deal, signed in December 2025 to expand UWM's mortgage servicing rights portfolio, was terminated by Two Harbors in March 2026 after a competing offer emerged; Two Harbors paid UWM's termination fee.

UWM Holdings Sued Over Hedging Losses Tied to Failed Two Harbors Deal

New York – September 11, 2026 -- UWM Holdings Corporation (NYSE:UWMC) faces a securities fraud class action after its stock plunged 34.78% on September 11, 2026, following disclosures about an over-hedged mortgage servicing rights position tied to a collapsed $1.3 billion merger with Two Harbors Investment Corp.

Stock Falls to $1.20 After Hedge Loss Disclosure

Shares dropped $0.64, from a closing price of $1.84 on September 11, 2026, to $1.20 the following day. The decline followed UWM's disclosure that it had deviated from its traditional practice of not hedging mortgage servicing rights, taking on a hedge position to protect against risk from the anticipated acquisition of Two Harbors and its RoundPoint Mortgage Servicing unit.

UWM Holdings Hit With Class Action Over $603M Hedge Loss, 75% Stock Drop

San Francisco – September 10, 2026 -- UWM Holdings Corporation (NYSE: UWMC) shares have fallen roughly 75%, or about $3.65, since December 17, 2025, after the mortgage lender disclosed a $603 million hedging loss tied to its collapsed bid for Two Harbors Investment Corp. Law firm Hagens Berman is investigating a securities class action against UWM covering the period March 9, 2026 through August 5, 2026, with a lead plaintiff deadline of October 13, 2026.

UWM's stock cratered 34% in a single session on August 6, 2026

The drop followed disclosures of a $451 million net loss and a roughly $603 million hedging loss for the quarter. Management acknowledged for the first time that the company was "over-hedged" after the Two Harbors transaction "went away," according to the complaint.