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Home Point Capital: Q4 Earnings Snapshot

Published Wed, 05 Mar 2025 01:21:52 GMT

ANN ARBOR, Mich. (AP) — ANN ARBOR, Mich. (AP) — Home Point Capital Inc. (HMPT) on Thursday reported a fourth-quarter loss of $36.8 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Ann Arbor, Michigan-based company said it had a loss of 27 cents. Losses, adjusted for non-recurring costs, were 16 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.The mortgage originator and servicer posted revenue of $19.2 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $53.7 million.For the year, the company reported a loss of $163.7 million, or $1.18 per share, swinging to a loss in the period. Revenue was reported as $255.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report ...

PSG shows limits in yet another early Champions League exit

Published Wed, 05 Mar 2025 01:21:52 GMT

After Paris Saint-Germain was eliminated from the Champions League in the last 16 for the fifth time in seven years, Kylian Mbappé was not so surprised.Reflecting on his team’s 3-0 aggregate loss to Bayern Munich on Wednesday, the France striker bluntly said what was on everyone’s mind: This kind of performance against the biggest European teams is actually the maximum PSG can deliver.“I said it at the beginning of the season, in the first press conference of the season, that we were going to give our all. And that was our all … That’s the truth,” said Mbappé, who signed a contract extension last year with PSG precisely to win the Champions League title.But more than five years after joining PSG, the France striker has now played in twice as many World Cup finals as Champions League finals.“We’re going to ask ourselves the tough questions and go back to our daily routine, which is the league,” Mbappé said.Since cash-rich Qatari investors took over in 2011, PS...

Freezing rain making roads extremely hazardous in eastern Colorado

Published Wed, 05 Mar 2025 01:21:52 GMT

DENVER (KDVR) -- If you are traveling to the Eastern Plains on Thursday morning, prepare for hazardous travel.The Colorado State Patrol said freezing rain is falling across the eastern portion of the state, making travel extremely hazardous. Should you drive with hazard lights during a snowstorm? Meteorologist Kylie Bearse said that the freezing rain should end by late-morning into the early afternoon. There is a winter weather advisory in effect for the Eastern Plains until 11 a.m. due to freezing fog, freezing drizzle and freezing rain.If you need to travel, here are some tips from the National Weather Service on driving in freezing rain:Slow downDon't use cruise controlLeave plenty of distance between you and other vehicles"Compared to a typical snowstorm, freezing rain is much more hazardous — especially on the road. While both are dangerous, it’s far easier to lose control of your vehicle on icy pavement, not to mention the increased risk of falling branches and powerlines. B...

4 suspects wanted in a string of burglaries

Published Wed, 05 Mar 2025 01:21:52 GMT

DENVER (KDVR) — Denver police are searching for four suspects who are wanted for burglarizing multiple businesses in the Gateway-Green Valley Ranch neighborhood.According to the Denver Police Department, police need help to identify the four suspects pictured.Police are working to identify this suspect wanted in a string of burglaries in the Gateway-Green Valley Ranch neighborhood. (Metro Denver Crime Stoppers)Police are working to identify this suspect wanted in a string of burglaries in the Gateway-Green Valley Ranch neighborhood. (Metro Denver Crime Stoppers)Police are working to identify this suspect wanted in a string of burglaries in the Gateway-Green Valley Ranch neighborhood. (Metro Denver Crime Stoppers)Police are working to identify this suspect wanted in a string of burglaries in the Gateway-Green Valley Ranch neighborhood. (Metro Denver Crime Stoppers)DPD said on March 4 between 2:00 a.m. and 2:30 a.m. the four suspects allegedly burglarized and damaged at least four bus...

29-year-old giraffe humanely euthanized due to decline in health

Published Wed, 05 Mar 2025 01:21:52 GMT

DENVER (KDVR) -- The Denver Zoo announced Wednesday that a giraffe that was born at the zoo in 1993 has passed away.The zoo said that Kipele was humanely euthanized on March 7 after her health suddenly declined. The zoo said she passed peacefully, surrounded by those who loved and cared for her. ‘He was a fighter for sure’: Denver Zoo tiger dies at 12 years old Kipele had mobility issues that were being managed, as well as her advanced age. The zoo said the giraffe was born on August 16, 1993, and was one of the oldest giraffes in an AZA-accredited facility."Even though we knew our time with Kipele wouldn’t last forever, this loss, like any, is incredibly hard on the staff who provided her with immeasurable amounts of love, care and attention for the past 29 years,' the zoo shared.The zoo said the average lifespan for giraffes is 25 years. First grizzly bear emerges from long winter’s nap at Yellowstone "While providing our animals with the best possible care is incredibly rewar...

Police arrest man involved in city truck vandalization

Published Wed, 05 Mar 2025 01:21:52 GMT

The Miami Police Department officers arrested a 26-year-old man involved in the vandalization of a city truck.Christian Cabello-Diaz was arrested and charged with burglary and criminal mischief, Thursday morning.He was accused of using a shovel from the back of the pickup truck to try to gain entry to the vehicle.One week ago, commissioner Manolo Reyes’ city hall office was ransacked and vandalized, but it is unclear if Cabello-Diaz was involved in that incident.This comes as Reyes is set to propose a safety resolution in a commission meeting at Miami City Hall.

City of Miami commission meeting to discuss security measures

Published Wed, 05 Mar 2025 01:21:52 GMT

The City of Miami commission is set to meet Thursday and security is on the agenda. Commissioner Manolo Reyes is set to present a resolution that would allow the chief of police to examine security measures at Miami’s city hall. The plan calls for a safety plan and television system. The resolution comes one week after the commissioner’s office and city pickup truck were vandalized. Miami police are still investigating whether the two incidents were related.

Your pollen allergies are already overwhelming? Here’s why

Published Wed, 05 Mar 2025 01:21:52 GMT

(CNN) — It’s only early March, but the pollen floating around the air in the Southern and Eastern US is already eye-watering.In Atlanta, the pollen count climbed to the “extremely high” range on Monday — the earliest it has done so in 30 years of record-keeping, according to the Atlanta Allergy and Asthma physicians practice. By Tuesday, the tree pollen count had doubled.Farther north in Washington, DC, the first “high” tree pollen count appeared a month ago on February 8, the Washington Post’s Capital Weather Gang reported. At 487 grains per every cubic meter of air, it was the highest count on record so early in the season, Susan Kosisky, a chief microbiologist at the US Army Centralized Allergen Extract Lab, told the Post.In short, pollen has exploded from plants much earlier than normal this year after an exceptionally warm February in the South and East. But these aren’t isolated trends. As the planet warms, resear...

US safety regulators to investigate Tesla for steering wheels that can fall off

Published Wed, 05 Mar 2025 01:21:52 GMT

(CNN) — Federal safety regulators are investigating Tesla’s Model Y SUV after at least two instances in which owners said their steering wheels became detached while the vehicle was being driven.The National Highway Traffic Safety Administration is looking at the 2023 model year. It said in the two instances in which the steering wheel came off, the cars were delivered to buyers without the retaining bolt that attaches the steering wheel to the steering column.The report from the agency did not say if there were accidents or injuries as a result of the problem.NHTSA said around 120,000 vehicles on US roads could be affected by the problem. This is an investigation, a step the agency takes before ordering a recall.Tesla is not the only company facing safety questions about its steering wheel. Nissan also just disclosed to NHTSA that it is recalling about 1,100 Nissan Ariyas, its electric SUV, because it may be missing a bolt required on its steering wheel.There were three...

Driver in fatal Apple store crash in Hingham to appear in court

Published Wed, 05 Mar 2025 01:21:52 GMT

The driver whose SUV crashed into an Apple store in Hingham in November, killing one person and injuring 19 others, is set to appear in court Thursday. Bradley Rein, 53, of Hingham charged with motor vehicle homicide by reckless operation and reckless operation of a motor vehicle, according to the Plymouth County district attorney. He was released in December on $100,000 bail with a stipulation that he cannot drive.Rein was arrested after his 2019 Toyota 4Runner crashed into the store’s front window in Hingham. The victim who died was identified as Kevin Bradley, 65, of New Jersey.Rein’s attorney described the crash as a horrific accident. Rein told investigators that his foot became stuck on the accelerator while he was looking for an eyeglass store, officials said.