In news for fans of the wholesale lending channel (more below), heading into the baseball All Star Break the Philadelphia Phillies, owned in part by Freedom Mortgage’s Stan Middleman, are leading the NL East. UWM Holdings Corp CEO Mat Ishbia and SFS Holding Corp sold a combined total of 1,200,108 shares of UWM Class A Common Stock in three separate transactions, netting approximately $5 million. The sales come as UWM, currently valued at $6.6 billion, has seen its stock decline by over 26 percent in the past six months. That said, UWM has invested $100 million in Bilt which offers rewards for housing payments. Bilt originally made its name by offering renters the opportunity to earn points on rental payments and is building capital: The company announced that it has raised $250 million in new funding, bringing its total valuation to $10.75 billion, more than twice its valuation from roughly a year ago. It’s also introducing Bilt Card 2.0, an upgraded credit card offering that will launch in February of next year. That’s UWM… What is your company doing to obtain leads? (Today’s podcast can be found here and this week’s are sponsored by Ocrolus. Ocrolus is transforming the mortgage industry with AI-powered data and analytics, featuring cutting-edge tools for automated indexing, income analysis, and discrepancy insights that empower underwriters to make timely, confident lending decisions. Hear an interview with Absolute Home Mortgage Corporation’s Matthew VanFossen on how executives handle recruiters constantly attempting to poach top originators.)