Kaplan Fox & Kilsheimer LLP announced that a class action lawsuit was filed against UWM Holdings Corporation (NYSE: UWMC) on behalf of investors who purchased or otherwise acquired the company’s securities between March 9, 2026, and Aug. 5, 2026. The complaint alleges that UWM Holdings failed to disclose it had departed from its traditional approach of not hedging Mortgage Servicing Rights, or MSRs (rights to collect mortgage payments), and had over-hedged in anticipation of the Two Harbors transaction. UWM Holdings reported a $603.2 million interest rate derivatives loss in its second-quarter fiscal 2026 results, contributing to a $451.9 million net loss, while total equity fell 43.6% year over year. After the disclosures, the company’s shares fell $0.64, or 34.78%, to close at $1.20 on Aug. 6, 2026, on unusually heavy trading volume. Investors have until Oct. 13, 2026, to ask the court to appoint them as lead plaintiff, although doing so is not required to participate in any possible recovery.