Home Point Capital completes $6 billion Ginnie Mae servicing sale
The company is in the final stages of its exit from this part of the MSR market.
Source: nationalmortgagenews.com
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Home Point Capital takes 3Q loss, nearly completes Ginnie Mae MSR exit
The company experienced further declines in production volume but reported an intra-quarter improvement in its gain on the sale of loans.
Source: nationalmortgagenews.com
True to its word, Homepoint gets smaller. Much smaller
The parent company of wholesale lender Homepoint posted another fat loss in the third quarter, even after hitting the "reset button" and cutting 3,000 employees.
Source: housingwire.com
Mortgage Company Homepoint Laying Off 'Hundreds' Of Workers
Michigan-based wholesale mortgage lender aims to cut costs by more than $100 million a year in response to an "extremely challenging" lending environment.
Source: inman.com
Home Point Capital hit by multi-million dollar loss
CEO lifts the lid on what the firm is doing to navigate "extremely challenging environment"
Source: mpamag.com