UWM Holdings Corp

Unless otherwise indicated or the context otherwise requires, when used in this Annual Report, the term UWMC means UWM Holdings Corporation, UWM means United Wholesale Mortgage, LLC and the Company, we, our and us refer to UWM Holdings Corporation and our subsidiaries. Overview We are the publicly traded indirect parent of United Wholesale Mortgage, LLC ( UWM ). UWM is the largest overall residential mortgage lender as well as the largest purchase lender in the U.S., by closed loan volume, despite originating loans exclusively through the wholesale channel. We originate primarily conforming and government loans across all 50 states and the District of Columbia. Founded in 1986 and headquartered in Pontiac, Michigan, we have built a client-focused, team-oriented culture that strives to bring superior customer service, efficiency and operational stability to our clients, the Independent Mortgage Brokers. After being privately owned for 35 years, on January 21, 2021, UWM completed its business combination with Gores Holdings IV, Inc. and changed its name to UWM Holdings Corporation. We began trading on the New York Stock Exchange ( NYSE ) on January 22, 2021 under the ticker symbol UWMC . Strategy Our principal strategy that has driven our substantial growth over the past years, is our strategic decision to operate solely as a Wholesale Mortgage Lender thereby avoiding conflict with our partners, the Independent Mortgage Brokers and their direct relationship with borrowers.