Home Point Capital Inc., together with its subsidiaries, operates as a residential mortgage originator and service provider. It operates through two segments, Origination and Servicing. The Origination segment sources loans through direct, wholesale, and correspondent channels. The Servicing segment offers collecting loan payments; remitting principal and interest payments to investors; managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance; and performing loss mitigation activities on behalf of investors and administering mortgage loans. The company was incorporated in 2014 and is headquartered in Ann Arbor, Michigan.

Home Point Capital Inc.

Homepoint is a financial services provider primarily focused on mortgage loan servicing and management. It is self-described as being acquired by Nationstar Mortgage LLC, operating under the name Mr. Cooper.

NASDAQ:HMPT