Mortgage company Homepoint laying off 'hundreds' of workers
The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100M a year in response to an 'extremely challenging' lending environment
by Matt Carter Sep 2
HomeLight joins growing list of companies announcing layoffs
The company announced job cuts Wednesday, saying it needed to focus on growing in a 'sustainable way.' Numerous other companies have also cut jobs as the housing market shifts
by Jim Dalrymple II Jun 29
HomeLight raises $115M and acquires cash offer rival
Scottsdale, Arizona-based HomeLight says Series D raises the company's valuation to $1.7B, and acquisition makes it the largest 'agent-focused' cash offer program in the US
by Matt Carter Jun 16
Homepoint is first wholesale lender with cash offer product
Powered by, Homepoint Cash Compete program is available at launch in six states: California, Colorado, Minnesota, Oregon, Texas and Washington
by Matt Carter May 24
Cash offer startup raises $90M in funding round
The fintech mortgage lender plans to use the funds to scale the company's platform, double its team and expand into new markets
by Lillian Dickerson Jun 24