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Home Point Capital Management

Management criteria checks 4/4

Home Point Capital's CEO is Willie Newman, appointed in Jan 2015, he has a tenure of 8.58 years. His total yearly compensation is $705.89K , comprised of 70.8% salary and 29.2% bonuses, including company stock and options. He directly owns 0.74% of the company’s shares, worth €2.16M. The average tenure of the management team and the board of directors is 2.4 years and 5.6 years respectively.

Key information

Willie Newman

Chief executive officer

US$705.9k

Total compensation

CEO salary percentage	70.8%
CEO tenure	8.6yrs
CEO ownership	0.7%
Management average tenure	2.4yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Willie Newman's remuneration changed compared to Home Point Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2023	n/a	n/a	-US$309m
Dec 31 2022	US$706k	US$500k	-US$163m
Sep 30 2022	n/a	n/a	-US$107m
Jun 30 2022	n/a	n/a	US$58m
Mar 31 2022	n/a	n/a	US$29m
Dec 31 2021	US$1m	US$423k	US$166m
Sep 30 2021	n/a	n/a	US$331m
Jun 30 2021	n/a	n/a	US$524m
Mar 31 2021	n/a	n/a	US$767m
Dec 31 2020	US$4m	US$400k	US$607m

Compensation vs Market: Willie's total compensation ($USD705.89K) is below average for companies of similar size in the German market ($USD1.05M).

Compensation vs Earnings: Willie's compensation has been consistent with company performance over the past year.

CEO

Willie Newman (58 yo)

8.6yrs

Tenure

US$705,891

Compensation

Mr. William Andrew Newman, also known as Willie, serves as the President, Chief Executive Officer and Director of Home Point Financial Corporation. He serves as the President of InterFirst Wholesale Mortga...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Newman	President	8.6yrs	US$705.89k	0.74% € 2.2m
Jean Weng	General Counsel & Corporate Secretary	2.4yrs	US$716.12k	0.020% € 57.2k
Lisa Patterson	Chief Administrative Officer	1.6yrs	no data	0.039% € 113.9k
Lesley Alli	Chief Investor & Industry Relations Officer	no data	no data	no data

2.4yrs

Average Tenure

57yo

Average Age

Experienced Management: 786's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Newman	President	8.6yrs	US$705.89k	0.74% € 2.2m
Andrew Bon Salle	Chairperson of the Board	2.6yrs	US$1.50m	0.054% € 157.0k
Eric Rosenzweig	Director	8.6yrs	no data	no data
Timothy Morse	Independent Director	2.5yrs	US$252.56k	0.0094% € 27.4k
Laurie Goodman	Independent Director	2.5yrs	US$252.56k	0.0094% € 27.4k
Stephen Levey	Director	8.6yrs	no data	no data
Agha Khan	Director	8.6yrs	no data	no data
Joanna Zabriskie	Independent Director	1.6yrs	US$136.61k	0% € 0

5.6yrs

Average Tenure

55yo

Average Age

Experienced Board: 786's board of directors are considered experienced (5.6 years average tenure).

This company listing is no longer active

Home Point Capital Management

Management criteria checks 4/4

Key information

Recent management updates

Home Point Capital Inc., Annual General Meeting, Jun 08, 2023

Phillip M. Miller to Resign as Chief Operating Officer Of Home Point Capital Inc., Effective December 31, 2022

Less than half of directors are independent

Less than half of directors are independent

Home Point Capital Inc., Annual General Meeting, Jun 07, 2022

Home Point Capital Inc. Elects Joanna Zabriskie as Director and Member of its Audit Committee

Recent updates

Home Point Shares to Be Delisted and Will Cease to Trade on the Nasdaq Global Select Market

Mr. Cooper Group Inc. (NasdaqCM:COOP) completed the acquisition of Home Point Capital Inc. (NasdaqGS:HMPT).

First quarter 2023 earnings released: US$0.97 loss per share (vs US$0.085 profit in 1Q 2022)

Mr. Cooper Group Inc. (NasdaqCM:COOP) signed a definitive agreement to acquire Home Point Capital Inc. (NasdaqGS:HMPT) for approximately $320 million.

Full year 2022 earnings released: US$1.18 loss per share (vs US$1.19 profit in FY 2021)

Home Point Capital Inc., Annual General Meeting, Jun 08, 2023

Phillip M. Miller to Resign as Chief Operating Officer Of Home Point Capital Inc., Effective December 31, 2022

MS Investorco, LLC completed the acquisition of Home Point Asset Management LLC from Home Point Capital Inc. (NasdaqGS:HMPT).

Third quarter 2022 earnings released: US$0.68 loss per share (vs US$0.51 profit in 3Q 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: US$0.68 loss per share (vs US$0.51 profit in 3Q 2021)

Investor sentiment improved over the past week

Home Point Capital Inc. to Report Q3, 2022 Results on Nov 10, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: US$0.32 loss per share (vs US$0.53 loss in 2Q 2021)

Home Point Capital Inc. to Report Q2, 2022 Results on Aug 11, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: US$0.085 (vs US$1.07 in 1Q 2021)

Home Point Capital Inc. Declares Cash Dividend for the First Quarter of 2022, Payable on or About June 7, 2022

Less than half of directors are independent

Home Point Capital Inc. to Report Q1, 2022 Results on May 12, 2022

Upcoming dividend of US$0.04 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Home Point Capital Inc. (NasdaqGS:HMPT) announces an Equity Buyback for $8 million worth of its shares.

Home Point Capital Inc., Annual General Meeting, Jun 07, 2022

Home Point Capital Inc. to Report Q4, 2021 Results on Feb 24, 2022

Home Point Capital Inc. Elects Joanna Zabriskie as Director and Member of its Audit Committee

Third quarter 2021 earnings released: US$0.033 loss per share (vs US$1.90 profit in 3Q 2020)

Pomerantz LLP Announces a Class Action Lawsuit Has Been Filed Against Home Point Capital Inc

Home Point Capital Inc.(NasdaqGS:HMPT) dropped from Russell 2500 Growth Index

Pomerantz Law Firm Announces the Filing of A Class Action Against Home Point Capital Inc., and Certain Officers

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age