Homepoint Parent Posts 2nd Straight Quarterly Loss
Reports $163.7M loss for the full year.
Reports $163.7M loss for the full year.
Also reported a net loss of $610.4M for all of 2022; ousted founder in proxy fight says board needs 'a fresh perspective'
Company leads in origination volume for 2nd straight quarter, claimed 54% of wholesale channel in Q4 2022.
Jay Farner, outgoing CEO, says company is focused on growth in the purchase mortgage market.
Financial services company expects acquisition by TD Bank to be completed in first half of this year.
Bank reports 4Q earnings cut in half due to settlements, fewer mortgage originations.
JPMorgan Chase, Bank of America each post strong 4Q 2022 results.