General World News

The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust 

Ann Arbor, Michigan-based Home Point Capital did not experience the traditional ceremony to ring the Nasdaq Stock Market bell when the company went public in early 2021. 

Open and closed ceremonies usually occur at the Nasdaq MarketSite Studio in Times Square, but that changed in the wake of the COVID-19 pandemic. Instead, Home Point had a virtual ceremony, with pictures of smiling employees and a message from CEO and founder Willie Newman transmitted onto an enormous screen in Times Square. 

“I started at the company a month before its IPO with Nasdaq,” a former details ⇒

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