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9 wire results for “Oaktree
HousingWire · Capital

UWM downgraded by Fitch after Q2 loss, Oaktree deal

Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage ( UWM ) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings. UWM’s…

Aug 7
HousingWire · Capital

UWM pays up for capital as it resets leverage targets

United Wholesale Mortgage (UWM) president and CEO Mat Ishbia is pitching the lender’s $2.05 billion capital raise with Oaktree Capital Management and his family as a long-term strategic partnership to support the comp…

Aug 6