Company gives out 13 Cadillacs, 30 Bahamas cruises at holiday party after record year

DETROIT - A Michigan company had such a good year that it decided to throw a memorable holiday party, complete with entertainment by a Grammy Award-winning duo and some incredible gifts for its employees.

United Shore Financial Services, a wholesale mortgage lending company based in Pontiac, had a record year in 2019. Its headcount also increased from 2,700 to 4,800, hiring about 250 people each month, according to CEO Mat Ishbia.

To celebrate, the company booked the Grammy Award-winning, EDM-pop duo The Chainsmokers for the night’s entertainment.

It also gave away 13 new Cadillacs and 30 cruises to the Bahamas.

A Cadillac is pictured at United Shore’s 2019 holiday party, alongside employees attending the event. (Photo credit: United Wholesale Mortgage)

In a Facebook post, one employee described the evening as “one of the best nights of my life.”

“The appreciation that is shown to us employees is just mind blowing and I can’t thank you enough,” one woman wrote.

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United Shore anticipates doing $106 billion in mortgage broker volume production this year, more than doubling last year's total of $41 billion, Ishbia said.

"It was a good year around here," Ishbia said. “The secret sauce is the people and the culture and the team." 

This story was reported from Cincinnati.