Let Valuation Tech Help Improve Your Collateral Valuation

Join this webinar to learn how technological advancements in valuation provide solutions to help lenders and servicers deliver more comprehensive offerings to their clients.

Talking proptech with FinLedger Director Holden Page

In this episode, Page discusses the hottest topics coming across FinLedger’s news desk. Topics include: the online banking market, what’s happening in the proptech space and recent private market deals.

With a reinvigorated CFPB, what’s next for the NYDFS?

While the CFPB is reinvigorated under the Biden administration, there’s plenty of room for it to retake a leading role and coordinate with the NYDFS.

Does your CRM hurt or help the customer experience?

In real estate, data is king. The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences.

Awards

2020 HW Vanguard: Willie Newman

Home Point Financial, President and CEO

Newman-Willia-2020-Vanguard
Willie Newman, President and CEO, Home Point Financial

Willie Newman is an acknowledged expert and innovator in the mortgage industry with more than 25 years of experience in the field. 

In 2014, Newman joined forces with Stone Point Capital to form Home Point Capital and, after the acquisition of Maverick Funding in 2015, the company became operational as Home Point Financial. Under Newman’s leadership, Home Point Financial has rapidly scaled in just five years to become a top 20 nonbank originator and servicer. 

He developed and is the driving force behind Home Point Financial’s people-centered operating philosophy “We Care,” and is dedicated to the company’s mission to create financially healthy, happy homeowners. 

In the past year, Newman has driven 240% year-over-year growth to establish Home Point Financial as the second-largest wholesale lender and the13th-largest correspondent lender in the nation. Newman has built Home Point Financial to take advantage of changing markets by establishing flexibility in day-to-day operations to address volatility during a time of instability. 

Thanks to this business approach, Home Point Financial has been well-equipped to respond to the changing market conditions, finding new ways to work, and communicating with partners and borrowers during a period of economic disruption. The rapid growth of Home Point Financial is directly attributed to Newman’s leadership. 

By positioning the company as a leader, he has enabled loan volume to nearly double every year since inception. The company anticipates reaching $55 billion this year. 

Newman holds a BBA in finance from the University of Michigan and an MBA in finance and business economics from Wayne State University.

What has been your secret to success?
During my time leading a business, I’ve learned to stop trying to be good at everything. Focus on finding a competitive niche rather than spreading your chips across the table.

Most Popular Articles

Will we ever see a “normal” housing market again?

The question on everyone’s minds: When will this hot housing market cool down? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review.

Jun 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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