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Homepoint to Sell Wholesale Mortgage Channel

Homepoint to Sell Wholesale Mortgage Channel

by Diane McLaughlin | Apr 11, 2023 | Banking & Lending, CR Daily, Industry News

Michigan-based wholesale lender Homepoint plans to stop originating mortgages and sell its wholesale channel. The lender said in a statement on Friday that the company has agreed to sell certain assets of its wholesale originations channel to The Loan Store Inc., a...
Homepoint to Sell Wholesale Mortgage Channel

Planet Home Lending to Acquire Correspondent Channel

by The Commercial Record | Apr 29, 2022 | Banking & Lending, CR Daily, Executive Briefing

Meriden-based Planet Home Lending LLC, a national mortgage lender and servicer, has agreed to acquire a correspondent lending channel of Michigan-based Home Point Financial Corp., a mortgage originator and servicer and a subsidiary of Home Point Capital Inc.

Wholesaler Seeks Customers for Life

Wholesaler Seeks Customers for Life

by Diane McLaughlin | Oct 1, 2020 | Banking & Lending, Fast 50, Industry News

With historically low rates driving Connecticut’s mortgage activity in the first half of the year to its highest levels since 2013, new lenders had opportunities to grab a share of the market.

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