The all-stock deal to acquire the parent of RoundPoint Mortgage Servicing would nearly double UWM's servicing portfolio to nearly $400 billion, if it closes as expected in Q2 2026.

Markets across the Midwest and South offer enviable affordability; however, lower housing prices can reflect deeper issues, such as economic disinvestment and discriminatory housing policies.

Smith's expertise in financial services was cited as an asset as the Trump administration prepares to sell part of its ownership stake in Freddie Mac and Fannie Mae in a public offering.