UWM Holdings Corporation (NYSE:UWMC) Q1 2022 Earnings Conference Call May 10, 2022 10:00 AM ET
Company Participants
Blake Kolo – Chief Business Officer and Head-Investor Relations
Mat Ishbia – Chairman and Chief Executive Officer
Conference Call Participants
Doug Harter – Credit Suisse
Henry Coffey Jr. – Wedbush
Sandy Beatty – Morgan Stanley
Kevin Barker – Piper Sandler
Michael Kaye – Wells Fargo
Steve DeLaney – JMP Securities
Brock Vandervliet – UBS
Kevin Barker – Piper Sandler
Henry Coffey Jr. – Wedbush
Bose George – KBW
Operator
Good morning. My name is David, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the UWM Holdings Corporation First Quarter 2022 Earnings Conference Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there'll be a question-and-answer session. [Operator Instructions]
Thank you. Blake Kolo, you may begin your conference.
Blake Kolo
Good morning. This is Blake Kolo, Chief Business Officer and Head of Investor Relations. Thank you for joining us and welcome to the first quarter 2022 UWM Holdings Corporation’s earnings call. Before we start, I would like to remind everyone that this conference call includes forward-looking statements. For more information about factors that may cause actual results to differ materially from forward-looking statements, please refer to the earnings release that we issued this morning.
I will now turn the call over to Mat Ishbia, Chairman and CEO of UWM Holdings Corporation and United Wholesale Mortgage.
Mat Ishbia
Thanks Blake. I appreciate it. And thank you all for joining the call today. Before we start, I really want to thank everyone at UWM for their continued commitments to providing the best-in-class service to our clients are the brokers and congratulate our brokers for adapting and winning in this current market. On every earnings call, I've said how important a strong purchase business is to the health, if any mortgage lender and why UWM’s business to thrive when rates rise? A purchase heavy market magnifies the winning combination of broker expertise and UWM speed technology and service.
We are now in that market where you can easily identify the winners from the rest. This environment will propel the broker channel to the next level. It's simple. The broker channel is the best place for loan officers to work and the brokers are the best place for consumers to get loan.