New Report Finds Home Point Financial as Q2's Fastest-Growing Nonbank Mortgage Lender – NMP Skip to main content

New Report Finds Home Point Financial as Q2's Fastest-Growing Nonbank Mortgage Lender

Phil Hall
Jul 30, 2019
Home Point Financial, a wholesale and correspondent mortgage lender based in Ann Arbor Mich., was named the fastest-growing non-bank mortgage lender during the second quarter

Home Point Financial, a wholesale and correspondent mortgage lender based in Ann Arbor Mich., was named the fastest-growing non-bank mortgage lender during the second quarter, according to a data report compiled by the trade publication Inside Mortgage Finance.
 
The new data analysis found Home Point Financial increasing its loan volume by 98.5 percent from the first quarter through the second quarter, outpacing prominent lenders including Wells Fargo (62 percent), United Wholesale Mortgage (61 percent), Chase (60 percent) and Quicken Loans (43 percent).
 
“Our business partners are trusting us with their customers, and we understand that our role as the servicer has a huge impact on their reputation and ability to earn repeat business” said Willie Newman, President and CEO of Home Point Financial. “It is for this reason that we are building out an experience that will support the customers’ entire homeownership journey and will create a stronger relationship between Home Point, the customer and our third-party partners. Ultimately, we intend on working with our partners to create customers for life.”

 
Published
Jul 30, 2019
All-Cash Offer Fintech Ribbon Expands Into Arkansas

Crye-Leike real estate agency to serve as first partner in the state.

Industry News
May 23, 2022
Hometown Lenders Adds 9 Branches in 4 States

Adds locations in Oregon, Washington, Alaska, and North Carolina.

Industry News
May 23, 2022
Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

Industry News
May 20, 2022
Battle Between Loan Originators Gets Sparkly and Dirty

Flowers is suing both Durosko and Peevey for these pranks, demanding compensation for their harmful acts, but that doesn’t tell the whole story. 

Industry News
May 18, 2022
FirstClose Receives $35M Investment From Lateral

Fintech says it will use the investment to expand its growing financial services footprint.

Industry News
May 18, 2022
Mortgage News Network Launches Podcast On Helping Underserved Borrowers

'Gated Communities' looks at why homeownership gap is increasing, and what lenders are doing to reverse the trend.

Industry News
May 17, 2022