UWM said it will use the capital infusion for “balance sheet fortification,” including repayment of existing debt and repayment of financing facilities for mortgage servicing rights.
Onity took a $9 million pre-tax net loss related to sales of reverse mortgages and legacy subservicing transfers, and a $24 million pre-tax net loss tied to unfavorable asset fair value changes.
Zillow Home Loans originated $2.2 billion of mortgages in the second quarter of 2026, nearly doubling its production compared with the second quarter of 2025.