The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100 million a year in response to an “extremely challenging” lending environment. Continue reading
The company announced job cuts Wednesday, saying it needed to focus on growing in a “sustainable way.” Numerous other companies have also cut jobs as the housing market shifts. Continue reading
Scottsdale, Arizona-based HomeLight announced that its all-stock deal raises the company’s valuation to $1.7 billion and makes it the largest “agent-focused” cash offer program in the U.S. Continue reading
Powered by Accept.inc, Homepoint Cash Compete program is available at launch in six states: California, Colorado, Minnesota, Oregon, Texas and Washington. Continue reading
The fintech mortgage lender plans to use the funds to scale the company’s platform, double its team and expand into new markets. Continue reading