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Home Point Financial selected Sapiens Decision for Mortgage Banking to be a strategic component of its mortgage platform. Home Point Financial made the decision as it has seen rapid growth in the past couple of years and needed a tech solution to help bolster the companies growth.
According to a release, Home Point is the nation's second-largest wholesale lender and the 13th largest correspondent lender. By selecting Sapiens, Home Point hopes to help its associates conduct business in a more efficient manner.
"The speed by which we have needed to grow and manage change in the complex mortgage environment was a major factor in our selection of Sapiens Decision for Mortgage Banking," said Phil Miller, chief operating officer at Home Point Financial. "Decision will provide the flexibility, efficiencies, and scalability needed to meet our company's continued rapid growth."
"Sapiens has a proven ability to model business solutions and deliver high-quality results in record time," said Harold Westervelt, managing director of Sapiens Decision. "We were the only vendor that offered Home Point Financial business ownership of the solution, along with a reduction in errors via higher quality modeling and earlier testing."