Home Point expands third-party origination channel

Multi-channel mortgage originator and servicer Home Point Financial Corporation has expanded its third-party origination channel following its acquisition of Stonegate Mortgage Corp.

Home Point expands third-party origination channel
Multi-channel mortgage originator and servicer Home Point Financial Corporation has expanded its third-party origination channel following its acquisition of Stonegate Mortgage Corp.

The Missouri-based mortgage firm’s new structure will allow greater geographical reach and the number of third-party originators the channel will serve.

"This expansion will allow Home Point to more effectively serve our wholesale clients nationwide, while providing enhanced levels of service, a full product suite and competitive pricing," said Lisa Patterson, executive managing director, TPO production. "With several new technology improvements designed to simplify the process for our clients on the horizon, there's never been a better time to partner with Home Point."

The firm has implemented new regional divisions and extended its senior management structure while Patterson, will continue to lead Home Point's TPO channel and report to Chief Production Officer Brian Brizard.

Regional Managing Directors will report to Lisa Patterson and include: Paul Wyner (Northeast), Jeff Lochmandy (Southeast), John Pantalone (Midwest), Patrick McGrath (Northwest), Mary Shaver (Southwest). Inside Sales will be led by Managing Director Eddie Brown and Renovation Lending by Brad Smith.