UWM Holdings Corporation faces a proposed securities class action in the U.S. District Court for the Eastern District of Michigan on behalf of investors who purchased or otherwise acquired its securities from March 9 through August 5, 2026. Complaints in Bond v. UWM Holdings Corporation, No. 26-cv-12862, allege that UWM and certain senior executives violated the Securities Exchange Act of 1934 by abandoning the company’s traditional practice of not hedging mortgage servicing rights, taking a major hedge position, over-hedging ahead of a planned Two Harbors Investment Corp. transaction, and creating excess hedging risk while attempting to balance exposure. After UWM reported a nearly $603.2 million interest-rate derivatives loss and a $451.9 million second-quarter net loss, its shares fell nearly 35%, according to the complaint. Investors must apply for lead-plaintiff appointment by October 13, 2026; participation in any potential recovery does not require serving in that role.