the stonehill group – PROGRESS in Lending

Sourcepoint Enters Into Agreement To Acquire The StoneHill Group

November 11, 2021 PROGRESS In Lending acquisition, firstsource, sourcepoint, the stonehill group

Sourcepoint, a Firstsource company and provider of outsourced mortgage services and solutions, has entered into a definitive agreement to acquire The StoneHill Group, subject to regulatory approvals. The acquisition enhances Sourcepoint’s mortgage offerings with sophisticated domain expertise – backed by a proprietary platform – for mortgage quality control (QC) and due diligence, while also increasing access to mid-market lenders.