Mat Ishbia is the president and CEO of United Wholesale Mortgage, the No. 1 wholesale mortgage lender in the nation for seven years running and the No. 2 mortgage lender in the nation. Under Ishbia’s leadership, UWM has become one of the most innovative lenders in the industry.
With his focus on supporting independent mortgage brokers across the country and growing the wholesale channel, Ishbia has taken UWM from a 12-person company to a 9,000-person team working together on one campus in Pontiac, Michigan. At the end of 2019, UWM broke the all-time record of wholesale volume in one year with over $107.7 billion in mortgage originations, while holding its title as the fastest-growing mortgage company in America. And in January 2021, Ishbia took UWM public in the largest SPAC deal ever, shining a spotlight on the entire wholesale mortgage channel and elevating the status and value of brokers nationwide.
What has been the secret to your success?
Do what’s right, all the time. At UWM, we’ve believed in the broker channel from the beginning, and we never let other people sway us away from that. I’m a firm believer that once you know something is right, you need to live by it and go all in with it.
Name:
Mat Ishbia
Title:
President and CEO
Company Name:
United Wholesale Mortgage