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Homepoint profits $12M in Q1 after selling operations and assets

Homepoint profits $12M in Q1 after selling operations and assets

Home Point Capital recorded a $12 million profit in the first quarter of 2022, down from $19.3 million the prior quarter.

The post Homepoint profits $12M in Q1 after selling operations and assets appeared first on HousingWire.

Homepoint profits $12M in Q1 after selling operations and assets
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Homepoint profits $12M in Q1 after selling operations and assets
Homepoint profits $12M in Q1 after selling operations and assets
Homepoint profits $12M in Q1 after selling operations and assets
Homepoint profits $12M in Q1 after selling operations and assets
housingwire housingwire | 1 year ago
Home Point Capital recorded a $12 million profit in the first quarter of 2022, down from $19.3 million the prior quarter. The post Homepoint profits $12M in Q1 after selling operations and assets appeared first on HousingWire.
Home Point Capital recorded a $12 million profit in the first quarter of 2022, down from $19.3 million the prior quarter. The post Homepoint profits $12M in Q1 after selling operations and assets appeared first on HousingWire.
Nonbank mortgage profits hurt by high costs in Q1
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Revenue was also slashed by lower per-employee productivity and slipping application pull-through.
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Skanska posts 21% dip in Q1 profits
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United Wholesale Mortgage Q1 profits up 89% despite lower production
United Wholesale Mortgage Q1 profits up 89% despite lower production
United Wholesale Mortgage Q1 profits up 89% despite lower production
United Wholesale Mortgage Q1 profits up 89% despite lower production
housingwire housingwire | 1 year ago
The nation’s largest wholesale lender, United Wholesale Mortgage (UWM), in the first quarter of 2022 posted an increase in margins and profits over the prior quarter, increasing its purchase volumes to record levels. But the Pontiac, Michigan-based lender’s total loan production fell during the same period, reflecting a shrinking mortgage market.  The company on Tuesday reported […] The post United Wholesale Mortgage Q1 profits up 89% despite lower production appeared first on HousingWir...
The nation’s largest wholesale lender, United Wholesale Mortgage (UWM), in the first quarter of 2022 posted an increase in margins and profits over the prior quarter, increasing its purchase volumes to record levels. But the Pontiac, Michigan-based lender’s total loan production fell during the same period, reflecting a shrinking mortgage market.  The company on Tuesday reported […] The post United Wholesale Mortgage Q1 profits up 89% despite lower production appeared first on HousingWir...
MSR sales played a key role in nonbank profits in Q1
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A strong market for mortgage-servicing rights (MSRs) helped to buoy the profitability of at least two major nonbank lenders. The post MSR sales played a key role in nonbank profits in Q1 appeared first on HousingWire.
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Selling a Business: Through the Eyes – The Assets
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Over the past year, I’ve spoken with many business owners who are in the process of selling their companies. Some have been better prepared than others. One thing I’ve noticed about those business owners is that they were truly prepared for the scrutiny that comes with the business sale process. Therefore, as we continue looking at your business through the eyes of a buyer, we’re going to shift our attention to assets, technology, and risk management. How do these areas influence the way a...
Over the past year, I’ve spoken with many business owners who are in the process of selling their companies. Some have been better prepared than others. One thing I’ve noticed about those business owners is that they were truly prepared for the scrutiny that comes with the business sale process. Therefore, as we continue looking at your business through the eyes of a buyer, we’re going to shift our attention to assets, technology, and risk management. How do these areas influence the way a...
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