v3.26.1
Regulatory Net Worth Requirements
 3 Months Ended
Mar. 31, 2026
Mortgage Banking [Abstract]  
Regulatory Net Worth Requirements REGULATORY NET WORTH REQUIREMENTS
Certain secondary market agencies and state regulators require UWM to maintain minimum net worth, capital, and liquidity requirements to remain in good standing with the agencies. Noncompliance with an agency’s requirements can result in such agency taking various remedial actions up to and including terminating UWM’s ability to sell loans to and service loans on behalf of the respective agency.
UWM is required to maintain certain minimum net worth, liquidity, and capital and risk-based capital ratio requirements, including those established by USDA, HUD, Ginnie Mae, Freddie Mac and Fannie Mae. As of March 31, 2026, the most restrictive of these requirements require UWM to maintain a minimum net worth of $733.3 million, minimum liquidity of $345.0 million, and minimum capital and risk-based capital ratios of 6%. As of March 31, 2026, UWM was in compliance with these net worth, liquidity, and capital ratio requirements.