Snapshot from Aug 25, 2026 at 07:00 UTC. For live data and tracking: View Live
ceo and owner Processed

Mat Ishbia & United Wholesale Mortgage

1 shared events · Importance 3 · Last updated Aug 21, 2026

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Shared Events
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Mat Ishbia is the Chairman, CEO, and controlling owner of United Wholesale Mortgage, and is currently a named defendant in multiple securities class action lawsuits against the company.

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Regulatory
Mat Ishbia: CEO of UWM; admitted on the earnings call that the company was 'over-hedged' and that the Two Harbors transaction 'went away,' which triggered the stock drop and legal actions.
United Wholesale Mortgage: Central defendant in the securities class actions; suffered a 34.78% stock drop, reported a $603.2 million hedge loss and $451.9 million net loss, and faces potential liability and reputational damage.
Aug 10, 2026 · 115 articles
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