William "Willie" Newman
President & CEO
With over 25 years of mortgage industry experience, Mr. Newman is an acknowledged expert and innovator in the field. Mr. Newman was one of the primary architects behind the development of InterFirst Wholesale Mortgage Lending (InterFirst). During his eight-year tenure, InterFirst grew from a small local mortgage originator to an industry leader in third party lending. In 1997, InterFirst’s parent company, Standard Federal Bank, was acquired by ABN AMRO. In the ensuing 10 years, Mr. Newman continued the build out of what became ABN AMRO Mortgage Group (AAMG). While there, AAMG became a diverse, multi-channel top 5 mortgage lender and top 10 mortgage servicer. At AAMG, he led the development of the first Internet-based wholesale lending portal - Mortgages Online at InterFirst (MOAI). He also rebuilt Mortgage.com into a leading consumer direct website and lending operation. In 2010, he partnered to start Cole Taylor Mortgage (CTM) from scratch. Over his 4½ year tenure, CTM became a top 40 lender and servicer.
In 2014, Mr. Newman joined forces with Stone Point Capital to form Home Point Capital, which became operational as Home Point Financial (HPF) through the acquisition of Maverick Funding in March, 2015. Since then, Mr. Newman and the Home Point team have been focused on building HPF into an industry leader. HPF is currently a top 25 non-bank originator and servicer as well as a leading warehouse lender through its’ NattyMac unit.
Mr. Newman holds a BBA in Finance from the University of Michigan and an MBA in Finance and business economics from Wayne State University.