Home Point Capital, the parent company of wholesale lender Homepoint, posted another fat loss in the third quarter of 2022, even after hitting the “reset button” and cutting 3,000 employees. 

The company reported Thursday morning that reduced origination volumes – down to $4 billion – and depressed revenues resulted in a loss as it attempts to navigate a landscape of surging rates and a price war. According to executives, the focus remains on improving margins and maintaining liquidity. 

“In the third quarter, we made considerable progress in boosting our liquidity profile and reducing expenses, positioning our company details ⇒

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