The addition of Emery Financial expands Home Point Financial’s geographic footprint on the West Coast and will add highly developed sales technology and processes to support their mission of delivering a superior customer service experience.
Ann Arbor, Michigan (PRWEB) July 26, 2016
Home Point Financial Corporation (“Home Point Financial”) assumes the mortgage originations and operations of Emery Financial, based in California. This move expands Home Point Financial’s geographic footprint on the West Coast and will add highly developed sales technology and processes. The transition of Emery’s 80 staff members across three branches is nearly complete.
“We’re excited to add such a dynamic and productive team,” said Willie Newman, CEO and president of Home Point Financial. “We intend on leveraging systems and processes designed by Emery Financial throughout Home Point. We strongly believe that the Emery addition will result in a better customer service experience in all of our retail branches.”
Emery Financial has closed 63,000 loans, totaling more than $22.5 billion across the state of California, since opening in 1993. The three Emery branches – Newport Beach, San Diego and Danville – will finish their transition by the end of July.
“We are eager to join a growing national mortgage banker and share the best practices we’ve gained to strengthen their platform. I’m impressed by their innovative teams and drive to deliver a superior customer service experience,” said Brad Sarvak, president of Emery Financial. “Our team brings a wealth of experience and we share the same values, which will make the transition seamless.”
In 2015, Home Point acquired Maverick Funding Corp and certain Great Plains National Bank mortgage origination branches and operations as it launched its retail and third party lending channels.
About Home Point Financial Corporation
Home Point Financial is a nationwide mortgage banking business focused on multi-channel residential mortgage origination and servicing. Home Point Financial is a subsidiary of Home Point Capital LP, a financial services holding company founded in 2014 and owned by members of management and by investment funds managed by Stone Point Capital LLC. For further information about Home Point Financial, please visit our website http://www.homepointfinancial.com.