Mat Ishbia, 41, is CEO of Pontiac-based United Wholesale Mortgage with over 8,000 employees. The company was previously known as United Shore Financial Services.
He is already a billionaire on paper and ranked 188th place on the Bloomberg Billionaires Index, which puts his net worth at just under $12 billion.
His company went public in January on the New York Stock Exchange and is valued at over $16 billion.
Mat’s dad Jeffrey Ishbia started UWM in 1986, but nearly all of the company’s growth happened since Mat took over day-to-day control in 2013.
Mat Ishbia graduated from Michigan State University and was a member of the Spartans’ 1998-2002 basketball team, which won the 2000 NCAA championship under coach Tom Izzo.
How HAP and others are rethinking workspaces amid COVID-19 pandemic
Some changes include movable walls, plexiglass partitions, spaced-out desks
HAP makes changes with flexibility to address uncertainty of future workplaces
Health Alliance Plan
Sometimes you just need to start fresh.
So Health Alliance Plan, as the COVID-19 pandemic has caused companies across the country to rethink their workspaces, decided to do just that on one of its floors in the former United Wholesale Mortgage (then United Shore Financial Services LLC) headquarters on East Maple Road in Troy. We took one of the floors and we took all the cubicles out and, right now, trying to find a market for office furniture, good luck, said Mike Treash, COO for HAP, which is a subsidiary of Detroit-based Henry Ford Health System and was founded in 1956 by the United Auto Workers.
Pontiac-based United Wholesale Mortgage LLC became a public company Friday morning, listing on the New York Stock Exchange under the ticker symbol UWMC.
UWM President and CEO Mat Ishbia rang the opening bell at the NYSE to mark the occasion, a day after the company closed on its deal to merge…
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IRANIAN SCHOLAR CHARGED WITH VIOLATING FARA: The Justice Department announced today it has arrested an Iranian political scientist and scholar for acting as an unregistered agent of the Islamic Republic. According to a complaint unsealed today in federal court in Brooklyn,
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LOS ANGELES, Jan. 13, 2021 /PRNewswire/ Gores Holdings IV, Inc. (NASDAQ: GHIV, GHIVU and GHIVW) (the
Company ), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, reminds stockholders to vote in favor of the approval of the Company s proposed business combination with United Wholesale Mortgage, LLC (f/k/a United Shore Financial Services, LLC) (
UWM ), the largest wholesale mortgage lender in the United States, and the related proposals to be voted upon at the Company s Special Meeting in Lieu of the Company s 2021 Annual Meeting of Stockholders (the