SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Home Point Capital Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

THE ANGEL–(BUSINESS WIRE) – Schall Law Firm, a national shareholder law firm, has announced it has filed a class action lawsuit against Home Point Capital Inc. (“Home Point” or “the Company”) (NASDAQ: HMPT) for violating federal securities laws.

Investors who have acquired and / or attributed to the Company’s shares pursuant to the Company’s initial public offering on January 29, 2021 (the “IPO”) are advised to contact the Company prior to August 20, 2021 .

If you are a shareholder who has suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You can also contact us on the firm’s website at www.schallfirm.com or by email at [email protected].

In this case, the class has not yet been certified and you will not be represented by a lawyer until certified. If you do nothing, you can remain an absent class member.

According to the lawsuit, the company provided false and misleading information to the market. Home Point’s plan to aggressively expand its brokerage partners would in turn increase its spending dramatically. The mortgage industry anticipated falling profit margins due to rising interest rates, which would lead to increased competitive pressure on the company. The company has overestimated its business and growth prospects. As a result of these facts, the company’s public statements and offer documents were false and materially misleading throughout the IPO period. When the market learned the truth about Home Point, investors suffered damage.

Join the case to make up for your losses.

The law firm Schall represents investors worldwide and specializes in securities class actions and shareholder disputes.

This press release may be viewed as a solicitation in some jurisdictions under applicable law and ethical rules.

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