Homepoint, the No. 3 wholesale lender in America, has reorganized its operations and sales personnel in a restructuring that will lead to the loss of potentially hundreds of jobs.

On Monday, the Ann Arbor, Michigan-based lender said its new regionalized staffing model, dubbed “Homepoint Amplify,” has been rolled out to broker partners across the country and will create fewer touch points and greater efficiencies.

Homepoint will form regional support teams across six regions – Central, Northeast, Northwest, South, Southeast and Southwest – each with designated teams of loan coordinators, underwriters, closers and loan funders. They’ll be paired with details ⇒

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