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UWMC UPCOMING DEADLINE: Levi & Korsinsky Alerts UWM Holdings Corporation Stockholders of Securities Class Action
Source: prnewswire.com
Legal & LitigationCompany FundamentalsInterest Rates & YieldsManagement & Governance
A securities class action alleges that UWM Holdings' disclosures failed to convey the scale of its mortgage servicing rights (MSR) hedge exposure. The hedge generated a $603.2 million loss, with the suit challenging the adequacy of the company's derivative-language disclosures and hypothetical interest-rate sensitivity tables.
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