Home Point a Casualty of Industry Economics, Analysts Say

National Mortgage News, Apr. 10, 2023–Brad Finkelstein (subscription)
Last May, Home Point Capital President and CEO Willie Newman emphasized that the company was doubling down on its commitment to the wholesale mortgage channel. Now, 11 months later, the deteriorating economics of the industry helped to drive the company’s sale of that business to The Loan Store.
https://www.nationalmortgagenews.com/news/home-point-a-casualty-of-industry-economics-analysts-say?