Rate and Compass International Holdings Make Landmark Move, Combining Their Two Joint Ventures, Creating Top 10 U.S. Retail Lending Leader: OriginPoint
Compass International Holdings (NYSE: COMP) and Rate announced that their two mortgage joint ventures, Guaranteed Rate Affinity and OriginPoint, will merge under the OriginPoint brand to create a top-10 national retail mortgage lender. The combined platform is backed by Rate's AI lending technology and connects to Compass's owned-brokerage network of more than 80,000 real estate professionals, with customers able to find, secure and close on a home in as few as 10 days.
Key figures
- Close time days
- 10
- Agent network size
- more than 80,000 real estate professionals
- Planned onboarding
- hundreds of high-performing mortgage originators
- Top10 retail lender
- Yes
AI analysis
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