The complaint, filed by the Law Offices of Frank R. Cruz, claims that UWM Holdings Corporation executives provided materially false or misleading information to the market throughout the spring and summer of 2026. According to the filing, the company deviated from its long-standing practice of avoiding hedges on mortgage servicing rights, instead accumulating significant and undisclosed hedge positions.
These actions, specifically regarding the Two Harbors transaction, allegedly created excess hedging risks that were not properly communicated to shareholders. While leadership touted the firm's stability and operational outlook, plaintiffs argue those statements lacked a reasonable basis given the internal shift in risk management. Investors interested in participating or seeking further information may contact the Law Offices of Frank R. Cruz via email at fcruz@frankcruzlaw.com or by calling 310-914-5007.

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