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Wholesale Mortgage Giant Going Public in Largest SPAC Deal in History

Wholesale Mortgage Giant Going Public in Largest SPAC Deal in History

United Wholesale Mortgage, the No. 1 wholesale mortgage originator in the U.S., is becoming a publicly traded company. It announced that it will merge with a special purpose acquisition company (SPAC), Gores Holdings IV (NASDAQ: GHIV), which is listed on the Nasdaq. Gores Holdings IV's IPO was in January.