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  • United Wholesale Mortgage Expands NIL Support at MSU

United Wholesale Mortgage Expands NIL Support at MSU

NIL Portal Staff September 12, 2022 2 min read
United Wholesale Mortgage increases its NIL support of Michigan State University athletics to now include two additional teams. | Image courtesy of United Wholesale Mortgage

United Wholesale Mortgage increases its NIL support of Michigan State University athletics to now include two additional teams. | Image courtesy of United Wholesale Mortgage

United Wholesale Mortgage (UWM), the No. 1 wholesale and No. 1 purchase mortgage lender in the country, announces it is offering sponsorships to all Michigan State University student athletes on the women’s basketball and volleyball teams, and it will continue its sponsorship of the men’s basketball and football teams for the 2022-2023 season.

Last year, United Wholesale Mortgage CEO Mat Ishbia raised eyebrows when he promised generous stipends to 133 Michigan State University men’s basketball and football players. https://t.co/RLWVvyCTbU

— The Mortgage Note (@TheMortgageNote) September 8, 2022

The sponsorship will provide all athletes up to $700 per month for the full year pending the completion of social media promotional posts assigned by UWM. The posts will be pushed out on athletes’ social accounts, and will focus on the benefits of working with an independent mortgage broker, in addition to the career opportunities available at UWM’s headquarters in Pontiac, Mich.

In a released statement from UWM, the organization’s president and CEO Mat Ishbia says “The NIL deals we made last year with MSU’s men’s basketball and football players was one of the first and largest deals at the time. We wanted to get our feet wet and test it out, and we’re happy we did as the success has been more than expected. We’re excited to expand this opportunity to all of the athletes on the women’s basketball and volleyball teams and are eager to see the influence they have on educating consumers about career opportunities at UWM and the benefits of working with an independent mortgage broker.”

Ishbia is a former walk-on Michigan State basketball player on the 2000 national championship winning team. His experience with MSU athletics helped shape the team-focused business approach and leadership style that UWM has today, including the belief that everyone has an important role to play, regardless of what position they hold. Because of this mindset, Ishbia and the UWM team felt it was important that every single player on the women’s volleyball and basketball teams in addition to the men’s football and basketball teams be included in the NIL deal.

UWM currently employs several former MSU athletes, including Mateen Cleaves, Charlie Bell and Adam Wolfe, all of whom were on the 2000 national championship team with Ishbia, in addition to Chris Hill, Kelvin Torbert and recent grad, Conner George.

UWM is the #1 wholesale mortgage lender in the nation 7 years in a row. The organization is known for its highly efficient, accurate, and expeditious lending support. UWM underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions.

Michigan State University Athletics

United Wholesale Mortgage website

More Michigan State NIL deals

Tags: Michigan State United Wholesale Mortgage women's basketball Women's Volleyball

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