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Home Point Capital Inc   (HMPT)
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Price: $2.3200 $0.00 0.000%
Day's High: $2.335 Week Perf: 0.43 %
Day's Low: $ 2.32 30 Day Perf: 0.00
Volume (M): 9 52 Wk High: $ 2.40
Volume (M$): $ 20 52 Wk Avg: $2.17
Open: $2.32 52 Wk Low: $1.50



 Market Capitalization (Millions $) 320
 Shares Outstanding (Millions) 138
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -309
 Cash Flow (TTM) (Millions $) -87
 Capital Exp. (TTM) (Millions $) 1

Home Point Capital Inc
Home Point Capital Inc is a leading mortgage lender and servicer based in Ann Arbor, Michigan. The company operates as a full-service provider of mortgage loan solutions, serving a wide range of clients across the United States.

Home Point's mission is to offer personalized and affordable mortgage options to borrowers while also providing exceptional customer service. They specialize in conventional, government-insured, and specialty mortgage products, including renovation and jumbo loans.

The company's lending services are supported by a robust technology infrastructure that streamlines the loan application process, making it quick and easy for borrowers to access mortgage financing. Additionally, Home Point offers online tools and resources that help borrowers make informed decisions and manage their mortgages.

Home Point Capital also operates as a mortgage servicer, providing loan administration services for a wide range of mortgage products. With a focus on compliance and risk management, Home Point Capital works diligently to ensure that all loans are serviced in accordance with industry best practices and regulatory requirements.

In addition to its lending and servicing operations, Home Point Capital also operates a correspondent lending channel, which enables lenders to sell loans to Home Point Capital for servicing. This business line allows Home Point to expand its servicing portfolio and offer additional services to its customers.

Overall, Home Point Capital Inc is a leading mortgage lender and servicer that is dedicated to providing personalized and affordable mortgage solutions with exceptional customer service. Its commitment to technology and compliance ensures that borrowers are matched with the right mortgage products and that loans are managed effectively over the life of the loan.


   Company Address: 2211 Old Earhart Road, Suite 250 Ann Arbor 48105 MI
   Company Phone Number: 616-6866   Stock Exchange / Ticker: NASDAQ HMPT
   


   

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Home Point Capital Inc

Home Point Capital Inc Faces Challenges as First Quarter 2023 Earnings Report Disappoints Investors

Dear Investors,
Home Point Capital Inc recently posted its financial report for the first quarter of 2023, and unfortunately, the figures were not good news for investors. According to the report, the company's loss per stock was -$0.97 per share, which is a significant decrease from the $0.08 per share the company reported a year before the reporting period.
The loss per share was even worse than the previous reporting period, which was -$0.29 per share. Additionally, Home Point Capital Inc suffered a net loss of -$133.756 million, marking a significant contrast to the earnings of $11.864 million achieved in the comparable reporting period from a year before.






 

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