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Stock impact report

Google Cloud and United Wholesale Mortgage Announce Industry-Transformative Partnership to Modernize the Mortgage Lending Process [Yahoo! Finance]

UWM Holdings Corporation Class A (UWMC) 
Company Research Source: Yahoo! Finance
SUNNYVALE, Calif., & PONTIAC, Mich, April 08, 2025 BUSINESS WIRE )--Google Cloud and United Wholesale Mortgage (UWM), the #1 overall mortgage lender in America, today announced a strategic, industry-transformative agreement in which the two leaders will help modernize the mortgage lending industry through the use of AI. The collaboration will leverage Google Cloud's advanced AI and data analytics capabilities alongside UWM's expertise in innovative lending technical solutions to create a faster, more intuitive and streamlined process. Through this agreement, UWM will integrate Google Cloud AI and machine learning tools into its lending platform, enhancing underwriting automation, streamlining document processing and improving client support with AI-driven chat experiences. UWM is one of the first to leverage Google's Gemini Flash 1.5 model to enhance underwriting automation, with underwriters already increasing their capacity from underwriting six loans a day to 14. The partner Show less Read more
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