President & CEO of UWM
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 Mat’s leadership, UWM has soared to new heights, becoming one of the most innovative lenders in the industry.
Prior to joining UWM, Mat played for Michigan State University’s basketball team for four years – going to three Final Fours and winning the National Championship in 2000. He also spent a year coaching alongside Tom Izzo.
After graduating from MSU’s Eli Broad College of Business in 2003, Mat left the MSU basketball program to join the company his father founded, United Wholesale Mortgage. Over the next 10 years, Mat’s sports background, leadership style and dedication to a team-focused business approach enabled him to gain record-breaking wholesale market share and rapidly grow UWM into a leading lending operation.
With his focus on supporting independent mortgage brokers across the country and growing the wholesale channel, Mat has taken UWM from a 12-person company to a nearly 8,000 person team working together on one campus in Pontiac, Michigan. In January 2021, Mat took UWM public in what was the largest SPAC deal at the time (NYSE: UWMC), shining a spotlight on the entire wholesale mortgage channel and elevating the status and value of brokers nationwide. At the end of 2021, UWM broke their previous all-time record of wholesale volume in one year with over $226 billion in mortgage originations.