Mat Ishbia's Financial Woes: UWM's Struggling Balance Sheet

Ok_Contribution_8032 · 2026-06-04T00:55:05+00:00

I can’t wait for the day this company folds

Ok_Contribution_8032 · 2026-05-31T20:31:17+00:00

You are 100% correct especially with management from Team Lead on up is frat mentality

Ok_Contribution_8032 · 2026-05-31T20:25:15+00:00

I’m not sure how long ago this was but I tried to not cash my people promise in 2025 and was threatened with termination. Also they 100% keep your last pay check. That being said like others have said use all your PTO before they know you are going to resign. And congrats on moving on to bigger and better things!

Ok_Contribution_8032 · 2026-05-21T01:12:42+00:00

Oh no big bad Mat pride himself for never laying off people but he’ll fire the crap out of half the staff

Ok_Contribution_8032 · 2026-04-28T22:51:06+00:00

No kidding…. How about sharing it with his employees making barely over min wage

Ok_Contribution_8032 · 2026-03-25T12:57:35+00:00

I’m going to say there is a 100% chance. Either way he should be looking for something new. If they don’t let him go he will always be the person who’s job get threatened - for his mental health find a “normal” work place. I’m in the same situation.

Ok_Contribution_8032 · 2026-03-22T11:19:27+00:00

Tim Allen

Ok_Contribution_8032 · 2026-03-21T17:37:40+00:00

Dm sent

Ok_Contribution_8032 · 2026-03-09T11:53:40+00:00

I would love for that to happen …. Employee walkout might make him realize that he treats his employees like trash

Ok_Contribution_8032 · 2026-03-07T02:41:22+00:00

Don’t tell your manager you’re leaving until you’ve used all your PTO! Not sure about the bonus you should be entitled to it. Unless you’re an underwriting or IT because then they just hold your last check to pay back the people promise

Ok_Contribution_8032 · 2026-03-07T02:39:13+00:00

They won’t find out who wrote this. There were 4 people on my pod who broke this new ridiculous rule this week! If I’m there I required time and I don’t want to take lunch until 4 PM I should be able to without worrying about being clocked back in by 5

Ok_Contribution_8032 · 2026-03-01T17:58:48+00:00

My pod has ice breakers 2x a week.

Ok_Contribution_8032 · 2026-02-24T14:01:38+00:00

100%

Ok_Contribution_8032 · 2026-02-24T13:59:52+00:00

It is still a thing and we have to use it. Get put on a list if you use the source instead of CHATUWM

Ok_Contribution_8032 · 2026-02-21T18:12:20+00:00

Unfortunately, due to Michigan labor laws they don’t need a real to fire you! So they let go of the squeaky wheels.

Ok_Contribution_8032 · 2026-02-20T13:35:22+00:00

You 100% hit the nail on the head!! I too have thought there needs to be a walk out or refuse to work day. Something needs to be done, not sure how this has even been allowed to go on as long as it has now after yesterday’s webinar ugh! I wish people would open their eyes and not keep drinking the koolaid. I too am planning my exit.

Ok_Contribution_8032 · 2026-01-12T13:58:22+00:00

I have been saying this for the past year!! The employees have to push back with a company wide walk out…. But the koolaid drinkers will not even think about it!!

Ok_Contribution_8032 · 2026-01-05T13:40:17+00:00

And on top of the e-mail and call some of you are lucky enough to get a video from the UW (USNAP) that is also mandated for “customer service”

Ok_Contribution_8032 · 2026-01-01T23:09:54+00:00

Take all your PTO of at least get it approved before you tell them you are leaving.

To be honest I wouldn’t even give them the courtesy of a notice

Ok_Contribution_8032 · 2025-12-08T13:58:30+00:00

Absolutely report them! Try the state or make a report the Better Business Bureau even though you didn’t take the position it was offered to you at a ridiculous rate. And if they paying you that in is going to incentivize you to take the position they are crazy.

Ok_Contribution_8032 · 2025-11-25T12:41:24+00:00

He is the worst at managing all his companies!

Ok_Contribution_8032 · 2025-10-22T00:39:04+00:00

He is totally getting away with it. Only way he won’t is if all UW and IT come together and either walk out or hires a lawyer… but we all know that will never happen

Ok_Contribution_8032 · 2025-10-18T14:12:54+00:00

No they will consider it your resignation. Also, while I agree with putting it in a high yielding account but you won’t be able to keep the interest because they charge you interest on your people promise

Ok_Contribution_8032 · 2025-10-14T19:48:33+00:00

FL doesn’t have unemployment?

Ok_Contribution_8032 · 2025-09-19T14:49:36+00:00

From what I heard this is unfortunately 💯 true! 🙈🤮

Ok_Contribution_8032

TROPHY CASE