Home Point Financial sells reverse mortgage division to Huron Valley Financial

The last few weeks have been quite busy for Home Point Financial. First, the lender completed its $211 million acquisition of Stonegate Mortgage Corp. Earlier this week, Home Point announced that it is planning to grow its third-party origination channel. But those aren’t the only changes for Home Point, as Huron Valley Financial announced this week that it acquired Home Point’s reverse mortgage division.

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