Home Point Capital to Raise $500M, Give Half to Its Owners

HousingWire, Jan. 14, 2021–James Kleimann
Ahead of its independent public offering, Homepoint‘s parent company plans to raise hundreds of millions of dollars in debt to replenish its owners’ wallets. The wholesale lender’s parent company, Home Point Capital, is seeking to raise $500 million in debt in a private placement sale.
https://www.housingwire.com/articles/home-point-capital-to-raise-500m-give-half-to-its-owners/