Mat Ishbia Reportedly Working To Increase Stake In Suns

United Wholesale Mortgage, Mat Ishbia‘s mortgage lending firm, reported $452MM in losses for the second quarter of 2026, per Corina Vanek of The Arizona Republic, and the company’s stock price has dropped by more than 70% since Ishbia first took majority control of the Suns back in 2023, according to Joe Pompliano of Huddle Up.

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