HW-UWM

A heavyweight in the wholesale mortgage market, United Wholesale Mortgage, better known as UWM, was the first to enter the private-label residential mortgage market in 2021.

The Pontiac, Michigan-based non-bank lender has launched three private-label RMBS transactions so far this year with a securitized loan volume of nearly $1.2 billion.

In addition, UWM has participated as primary lender in four private label RMBS issued through JPMorgan Chase. Those deals, measured by securitized loan volume, totaled $3.2 billion, with loans from UWM accounting for 29% to 100% of the loan pools in those deals.

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