Home Point Capital, a wholesale residential mortgage producer and servicer, announced terms for its IPO on Friday. The Ann Arbor, MI-based company plans to raise $250 million by offering 12.5 million ...

Southeast Michigan is officially down one mortgage lender. Residential mortgage company Mr. Cooper Group Inc. (NASDAQ: COOP) announced Tuesday that it had completed its acquisition of Ann Arbor-based ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Mortgage lender Home Point Financial Inc. had a tougher go ...

Home Point Capital Inc. lost $73.2 million in the second quarter amid increasing competition from a shrinking mortgage market and volatility stemming from federal actions seeking to protect homeowners ...

There may come a time in your homeownership journey when you wonder if it makes sense to refinance your mortgage. It’s a decision that can help you reach goals like lowering your interest rate or ...

The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.

Mortgage rates are falling, but buying now could be a mistake. Learn the signs it’s smarter to wait before purchasing a home.

Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

This year Point has funded more than $2 billion in home equity investments to more than 20,000 homeowners nationwide.

The rate on a 30-year fixed refinance climbed to 6.35% today, according to the Mortgage Research Center. For 15-year fixed ...

The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result.