UWM to issue $500 in unsecured debt
Briefly

UWM Holdings Corp. announced a $500 million debt raise through senior notes to pay down mortgage servicing rights and for general corporate purposes, indicating strategic financial management.
Fitch Ratings assigned a BB-(EXP)' rating to UWM's notes, recognizing strong market share, improved capitalization, and solid servicing assets, despite concerns over market cyclicality and short-term funding.
Read at www.housingwire.com
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