# Homepoint

> Homepoint was an Ann Arbor mortgage originator and servicer built around independent mortgage brokers. It combined national underwriting and funding with local borrower relationships, reaching $96.2 billion in 2021 originations. It exited origination in May 2023 and its parent was acquired by Mr. Cooper in August 2023.

- **Founded:** 2015
- **Headquarters:** Ann Arbor, United States
- **Founders:** Willie Newman (Founder, President and CEO)
- **Products:** Wholesale mortgage origination, Mortgage servicing rights, Homeownership Platform (HOP), Homepoint Amplify, Homepoint Exchange and Homepoint Workspaces
- **Notable:** Third-largest U.S. wholesale lender by 2022 origination volume, according to Inside Mortgage Finance as cited in its April 2023 announcement., $96.2 billion in 2021 mortgage originations., Included in HousingWire’s HW Tech100 mortgage company profiles for its data-streaming and low-code architecture.

## Products & services

- **Wholesale mortgage origination** — Historically underwrote and funded residential loans sourced through independent brokers; exited in May 2023.
- **Mortgage servicing rights** — Retained rights to servicing fees on sold loans; ServiceMac performed subservicing beginning in 2022. Portfolio assets transferred in 2023.
- **Homeownership Platform (HOP)** — Customer website and mobile app for payments, mortgage documents and homeownership resources; mobile app introduced with the rebrand.
- **Homepoint Amplify** — Broker service model aligning underwriting, closing and funding support across six geographic regions.
- **Homepoint Exchange and Homepoint Workspaces** — Internal data-streaming and low-code workflow tools described in HousingWire’s Tech100 profile; not verified as externally sold SaaS products.
- **Home equity line of credit** — Broker-distributed HELOC announced in 38 states in November 2022.

## Achievements

- Third-largest U.S. wholesale lender by 2022 origination volume, according to Inside Mortgage Finance as cited in its April 2023 announcement.
- $96.2 billion in 2021 mortgage originations.
- Included in HousingWire’s HW Tech100 mortgage company profiles for its data-streaming and low-code architecture.

## Latest updates

- **2023-05** — Wholesale origination asset sale closed May 1; Homepoint received a 9.99% equity interest in The Loan Store.
- **2023-07** — Certain servicing rights were sold to Nationstar, a Mr. Cooper subsidiary, on July 27.
- **2023-08** — Mr. Cooper announced completion of its acquisition of Home Point Capital on August 1; remaining Home Point operations were to be wound down.

## Links

- Website: https://www.homepoint.com
- LinkedIn: https://www.linkedin.com/company/homepointloans/
- Twitter/X: https://twitter.com/homepointloans
- Facebook: https://www.facebook.com/homepointfinancial

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Profile page: https://yespress.io/homepoint
Published by YesPress — https://yespress.io
Last updated: 2026-10-16
