Home Point Financial Corporation
has announced the expansion of its Third-Party Origination (TPO) channel following the acquisition of Stonegate Mortgage Corporation. This new structure will allow Home Point to increase its wholesale client base by expanding the geographic reach and number of third-party originators the channel will serve.
With the implementation of new regional divisions, Home Point is extending its senior management structure to drive its strategic growth. Lisa Patterson, Executive Managing Director of TPO Production, will continue to lead Home Point's TPO channel and report to Chief Production Officer Brian Brizard.
"This expansion will allow Home Point to more effectively serve our wholesale clients nationwide, while providing enhanced levels of service, a full product suite and competitive pricing," said Patterson. "With several new technology improvements designed to simplify the process for our clients on the horizon, there's never been a better time to partner with Home Point."
The TPO channel will be expanded into five geographical regions reporting to Patterson. Regional Managing Directors include: Paul Wyner (Northeast), Jeff Lochmandy (Southeast), John Pantalone (Midwest), Patrick McGrath (Northwest), Mary Shaver (Southwest). Inside Sales will be led by Managing Director Eddie Brown and Renovation Lending by Brad Smith.