Hunterbrook

@hntrbrkmedia · joined 08 Nov 2023

Accountability. News & Investigations. ideas@hntrbrk.com Disclosures: https://t.co/Uerwg8uiIF

48 094Followers

0Following

1 694Posts total

5.6MViews on collected posts

Against accounts of the same size

25 posts from the last 90 days, next to the 10K–100K follower range. shown widely, but few of those viewers react.

Median views22 469this account2 578median for 10K–100K

Reach, %46.72%this account7.77%median for 10K–100K

Engagement, %0.21%this account1.47%median for 10K–100K

Metric	This account	Median for 10K–100K	Ratio
Median views per post	22 469	2 578	8.72×
Reach (views ÷ followers)	46.72%	7.77%	6.01×
Engagement rate	0.21%	1.47%	0.14×

Others in this range → Compare with another account → How these benchmarks are built →

Growth & engagement

How the posts we collected actually performed: views and reaction rate post by post, what the audience did with them, and where the follower count goes.

Views per post

18.7K11 Aug

17.6K

17K

16.1K

14.1K

14.1K

13.9K

15.3K

18.1K

4.9K12 Aug

989K26 Aug

35.2K1 Sep

24.1K2 Sep

85.4K

Last 14 collected posts, oldest on the left. The scale is logarithmic: one post can outrun the rest a hundred times over.

Engagement rate per post

0.24%11 Aug

0.19%

0.22%

0.23%

0.24%

0.33%

0.45%

0.21%

0.27%

0.97%12 Aug

0.16%26 Aug

0.36%1 Sep

1.18%2 Sep

0.37%

Reactions — likes, reposts, replies and quotes — divided by views. Median for 10K–100K accounts is 1.47%.

What the audience does

Likes65.0%5 509 in total

Reposts8.2%697 in total

Replies1.8%150 in total

Quotes3.4%289 in total

Bookmarks21.6%1 834 in total

Share of every reaction we collected for this account. Replies mean argument, reposts mean endorsement, bookmarks mean the post was worth keeping.

The follower curve appears once this account has two daily snapshots — we take one a day, and this one is on its first.

Latest posts

UPDATE: Hunterbrook & @PabloTorre’s reporting on Kawhi’s undisclosed endorsement deal with Daktronics has been confirmed. As the kids say: Scoreboard. Here’s what the NBA’s investigation found: https://t.co/qmcmbk1sJB 85.4K views · 289 likes · 18 reposts · 5 replies 02 Sep 2026 BREAKING: You should read Hunterbrook. 24.1K views · 270 likes · 13 reposts · 2 replies 02 Sep 2026 A contractor on America's priciest rail line stockpiles lead-laced soil in Honolulu's poorest, densest neighborhoods. Wipe sampling conducted by Hunterbrook shows contaminated dust from these soil piles may have drifted to nearby residential areas. https://t.co/UYRg33aFup 35.2K views · 106 likes · 18 reposts · 2 replies 01 Sep 2026 NEW with @PabloTorre: Magic Johnson’s life insurer backed a Magic Johnson investment fund—and a Dodgers TV company. The insurer, EquiTrust, reported both as “unaffiliated.” Now its new parent is tied to a federal probe into Mark Walter’s empire. https://t.co/25CxcSREtS 989K views · 1.3K likes · 216 reposts · 22 replies 26 Aug 2026 @hntrbrkmedia It’s not like there weren’t signs! https://t.co/5U7WkZi4y3 4.9K views · 44 likes · 1 reposts · 2 replies 12 Aug 2026 Hunterbrook Media’s investment affiliate, Hunterbrook Capital, does not have any positions related to this article at the time of publication. Positions may change at any time.   Full story: https://t.co/EPCopclHBM 18.1K views · 40 likes · 6 reposts · 1 replies 11 Aug 2026 In a statement, UWM told Hunterbrook:  “UWM has been transparent in its public filings and communications, and we do not view Hunterbrook as a credible or objective source for determining the facts.” 15.3K views · 28 likes · 3 reposts · 1 replies 11 Aug 2026 Oaktree executives must now approve UWM's "capitalization and hedging policy." In other words: the days of Mat Ishbia seemingly YOLO trading interest rates may be over. 13.9K views · 56 likes · 6 reposts · 1 replies 11 Aug 2026 The rescue: $1.65B in preferred equity from Oaktree and an Ishbia family vehicle, plus a $400M rights offering. Oaktree gets two board seats. If UWM fails to meet certain obligations, Oaktree can take over the entire company. And there's one more clause. 14.1K views · 40 likes · 6 reposts · 1 replies 11 Aug 2026 TWO recently responded to UWM’s lawsuit in a press release that echos Hunterbrook’s reporting: “UWMC wishes the market to believe that its $600 million loss is related to a risk position that was approximately 13x the total interest rate exposure of TWO's MSR portfolio assuming 14.1K views · 28 likes · 5 reposts · 1 replies 11 Aug 2026 UWM is now suing Two Harbors, claiming damages including "lost profits, lost synergies, lost opportunities for capital efficiencies." If the $603M loss were caused by the deal's collapse, it would be the largest single line item in the complaint. It appears nowhere in it. https 16.1K views · 31 likes · 5 reposts · 1 replies 11 Aug 2026 And the assets Ishbia says he was hedging? Already hedged, by their owner. A recent TWO investor presentation shows a 25 bps decrease in rates, would only trigger a $15 million diminution in common book value. Compare this to UWM, whose MSR hedge cost the company almost half its 17K views · 31 likes · 5 reposts · 1 replies 11 Aug 2026 UWM carried the full $27.5B notional position into the second quarter. No merger agreement. Only a long-shot proxy campaign. UWM said the hedge protected it relative to the TWO transaction. From March 27 onward, there was no transaction. There was only the trade. 17.6K views · 28 likes · 5 reposts · 1 replies 11 Aug 2026 One problem: the Two Harbors deal died in Q1. March 16: TWO adjourned its shareholder vote because the votes weren't there. March 27: TWO terminated the merger and took an all-cash offer from CrossCountry Mortgage. UWM's own 10-Q confirms it received the termination fee "in the 18.7K views · 37 likes · 7 reposts · 1 replies 11 Aug 2026 Ishbia's explanation: it was a hedge tied to UWM's planned acquisition of Two Harbors ($TWO) and its massive MSR book. "We were over-hedged... The market moved against us, and it's a one-time event that won't happen again." https://t.co/A6kMWzCoxi 22.4K views · 35 likes · 7 reposts · 1 replies 11 Aug 2026 Three weeks after the quarter ended, UWM signed the Oaktree term sheet. 20.5K views · 29 likes · 5 reposts · 1 replies 11 Aug 2026 In Q2, the 10-year Treasury climbed toward an 18-month high. The position lost another $603M. Total: $741M in six months. UWM then slashed the position. Book equity fell 38% in a single quarter, from $1.6B to $985M. 22.5K views · 35 likes · 5 reposts · 1 replies 11 Aug 2026 Which way did the bet point? Rates down. Per UWM's own sensitivity disclosure, a 25 bps rise in rates meant a roughly $360M loss on the position. UWM's origination business already wins when rates fall. A hedge should offset risk. This position multiplied it. https://t.co/zLFSO 25.2K views · 54 likes · 5 reposts · 2 replies 11 Aug 2026 By March 31, the position was already a $288M liability, with a $138M loss running through the income statement. In a quarter UWM celebrated as exceptional. Counterparties were holding $670M of UWM's cash as margin to keep its derivatives positions open. More than 40% of the 27.1K views · 48 likes · 5 reposts · 1 replies 11 Aug 2026 Then, in Q1 2026, a new line appeared in UWM's 10-Q: "Other interest rate derivatives." Notional amount: $27.5 BILLION. The position did not exist at year end. https://t.co/h9FlF0yEJ1 30.5K views · 51 likes · 4 reposts · 2 replies 11 Aug 2026 Ishbia told analysts on the Q3 2025 earnings call: "We do not hedge our MSRs, as you are hopefully aware." UWM's 2025 10-K matched: routine pipeline instruments only. No standing interest rate position. https://t.co/CgHnJg3gaW 35.5K views · 51 likes · 8 reposts · 1 replies 11 Aug 2026 Meanwhile, cash kept leaving. UWM has paid out roughly $3 BILLION in dividends and distributions since 2021. Over 80% went to the Ishbia family. Increasingly, the dividend ran on borrowed money. UWM's secured credit lines went from zero in September 2025 to nearly $3B by June. 57K views · 98 likes · 10 reposts · 1 replies 11 Aug 2026 In April 2024, Hunterbrook's debut investigation revealed that many mortgage brokers UWM marketed as "independent" were sending all their business essentially to UWM. UWM’s CEO, Matt Ishbia, in a voicemail we obtained: "We fucking took those cocksuckers down." The Ohio AG later 308.4K views · 120 likes · 21 reposts · 3 replies 11 Aug 2026 NEW: America's largest mortgage lender made a giant $27.5 billion bet that interest rates would go down.  The bet failed. Last week $UWMC suspended its dividend and signed an emergency rescue with the distressed situations desk at Oaktree. https://t.co/ODOv2bOyIn 2.6M views · 2.2K likes · 232 reposts · 57 replies 11 Aug 2026 A second shoe has dropped: @pablofindsout with an assist from @hntrbrkmedia. 99.5K views · 68 likes · 3 reposts · 2 replies 07 Aug 2026 “We fucking took those cocksuckers down, fuck them, and we’re gonna keep fucking sticking it to them forever.” — Mat Ishbia, CEO of @UWMlending, owner of the @Suns https://t.co/oRFEA7VSRn 1.1M views · 391 likes · 78 reposts · 36 replies 02 Apr 2024

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