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 Home Point Capital Inc. for more than $318 million in cash, according to a news release. The Dallas…
The losses for Home Point Capital Inc. kept mounting in the first quarter of the year, just ahead of the company announcing two separate deals that together will result in the company turning out the lights.
The Ann Arbor mortgage lender on Friday morning reported a total quarterly loss of…