Platinum Mortgage sells wholesale division to Home Point Financial

by Candyd Mendoza18 Apr 2019

Home Point Financial Corporation has announced the acquisition of the wholesale division of Illinois-based Platinum Mortgage.

Home Point, a national mortgage originator and servicer, said that the deal includes Platinum’s sales team and operations group in Madison, AL.

“Platinum has built a strong wholesale lending footprint focused on the customer experience,” said Home Point CEO and President Willie Newman. “We are excited about the opportunity to integrate the Platinum team into Home Point’s rapidly growing wholesale business.”

“Having been in business for over 20 years, I’ve always been committed to my broker clients. I decided to partner with Home Point because they share the same level of commitment.” Platinum Mortgage CEO Terry Clark said.