Homepoint Hits the ‘Reset’ Button

HousingWire, Sept. 30, 2022–Flávia Furlan Nunes
Michigan-based lender Homepoint leadership effectively “reset the organization” amid the mortgage downturn, Willie Newman, the CEO and president, said in an interview on Friday. However, the company remains fully committed to the wholesale channel, a decision made around four years ago, even with competitors exiting the space and margins sinking like a stone.