Ishbia framed the investment as giving UWM “even more strength to keep investing in our people, technology, innovation and the opportunities ahead.” Second quarter earningsUWM reported loan origination volume of $39.7 billion in Q2, flat year over year and down from $44.9 billion in the first quarter. “We saw a net loss of $451.9 million primarily driven by a unique hedge-related event tied to the anticipated Two Harbors MSR transaction. It was a quarter-specific mark-to-market impact and does not reflect the underlying strength of UWM’s core business,” a UWM spokesperson said. UWM ended the second quarter with roughly $1.3 billion in available liquidity, including $498.4 million in cash and available borrowing capacity under secured and unsecured credit lines.