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Top News In Servicing Branch Today - Breaking & Trending Today

Home Point posts $133.8 million net loss in last quarter as a lender

Following sales to Mr. Cooper and The Loan Store, the wholesale giant reported originations of $891.2 million between January and March. ....

Ann Arbor , United States , Home Point Financial Corp , Home Point Capital , Home Point Financial , Loan Store , Home Point , M Amp A ,

Mortgage delinquencies drop to second-lowest level ever

The seasonally adjusted decline was in line with a low unemployment rate, but that could change later this year, according to the Mortgage Bankers Association. ....

Marina Walsh , Mortgage Bankers Association , Rob Barber , Industry News ,

Mr. Cooper to buy Home Point Capital for $324 million

The Dallas-based lender will assume close to $1.1 billion of conventional mortgage servicing rights, roughly $600 million in tangible equity and $500 million in outstanding Home Point 5% senior notes. ....

United States , Houlihan Lokey , Jay Bray , Rosen Katz , Kirkland Ellis , Ginnie Mae Msrs , Simpson Thacher Bartlett , Home Point Capital , Home Point , First American Financial , Simpson Thacher , Ann Arbor , Longbridge Financial , Industry News , M Amp A ,