General World News

Homepoint files for IPO

Correspondent and wholesale lender Homepoint is the latest mortgage company to aim for an IPO.

The Ann Arbor, Michigan-based lender filed an S-1 with the Securities and Exchanges Commission on Friday afternoon.

The company indicated in the S-1 that its price offering was $100 million, generally a placeholder for a larger offering.

In its S-1, Homepoint revealed incredible growth over the past year.

Homepoint originated $46.3 billion in originations through its broker network in the 12 months that ended Sept. 30, 2020. It originated a total of $38 details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com