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Home Point Financial executive says rate battle "not sustainable"
Nation’s third-largest wholesale lender has filed notices totaling 913 layoffs by Nov. 1, but there could be more.
Mortgage lenders are the latest to abruptly shut down.
Reduced mortgage price also designed to increase access to housing and mortgage brokers.
Homepoint's Jumbo ARM is a strategic addition to the company’s expanding jumbo portfolio.
Home Point Financial Corporation, a mortgage originator and servicer, announced an agreement with ServiceMac, LLC to handle Homepoint's servicing operations.
