Who bought out Homepoint financial?
Houlihan Lokey is pleased to announce that Home Point Financial Corporation, a portfolio company of Stone Point Capital LLC, has acquired Stonegate Mortgage Corporation (NYSE: SGM) in an all-cash transaction valued at $211 million. The transaction closed on May 31, 2017.
Does Home Point Financial sell loans?
Home Point Financial offers tons of loan options to its customers, including home purchase loans, refinance loans, renovation loans, home equity loans, and second mortgages. You can go the conventional loan route or the government loan route, with FHA loans, USDA loans, and VA loans all available.
Is Homepoint Financial a wholesale lender?
Homepoint is the second-largest wholesale lender and the 13th largest correspondent lender in the U.S. The company is headquartered in Ann Arbor, MI, with nearly 2,000 employees and 265,000 serviced customers. For more information, visit homepointfinancial.com. NMLS #7706.
Is Homepoint a mortgage company?
Founded in 2015 and headquartered in Ann Arbor, Michigan, Homepoint is a national wholesale mortgage lender and servicer that works with a network of more than 7,000 brokers and correspondent partners.
What is Hpfc?
Effective Enterprisewide Compliance Management Systems: HPFC employs a multi-channel compliance management system that includes quality control, internal audit and vendor management, as well as compliance and litigation management.
Who owns Homepoint financial?
Did Home Point Financial get bought out?
As a result of the deal, Stonegate is now wholly owned direct subsidiary of Home Point. “The successful completion of this acquisition is an important milestone for us,” said Willie Newman, Home Point's chief executive officer.
Is Homepoint a lender?
Founded in 2015 and headquartered in Ann Arbor, Michigan, Homepoint is a national wholesale mortgage lender and servicer that works with a network of more than 7,000 brokers and correspondent partners.