Overview
- The lender logged a single‑day record $4.8 billion in rate locks during September’s brief rate pullback.
- Gain‑on‑sale margin rose to 130 bps as GAAP net income totaled about $12 million, weighed by a $158.8 million MSR fair‑value decline.
- UWM said its AI assistant Mia made over 400,000 outbound calls, producing more than 14,000 closed loans with answer rates above 40%.
- Guidance calls for $43–$50 billion of fourth‑quarter originations with projected margins of 105–130 bps.
- Liquidity stood near $3 billion after a $1 billion unsecured notes offering, with plans to retire $800 million of notes and to shift servicing in‑house by 2026, including a new Bilt rewards tie‑in.