Market Newsdesk

ANN ARBOR, Mich., April 16, 2021 (GLOBE NEWSWIRE) — Home Point Capital Inc. (NASDAQ: HMPT) (together with its subsidiaries, “Home Point Capital” or the “Company”), the parent entity of Home Point Financial Corporation (“Homepoint”), announced today that it will release its financial results for the first quarter ended March 31, 2021 before the market opens on May 6, 2021. The Company will host a conference call and live webcast to review the Company’s financial results on the same day at 8:30 a.m. ET.

The conference call may be accessed by dialing (800) 768-5901 (toll-free) or (415) 226-5359 (international), using the passcode 21993573. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast will also be available and can be accessed through the Investor Relations section of Home Point Capital’s website at investors.homepoint.com.

An investor presentation will be referenced during the call, and it will be available prior to the call through the Investor Relations section of Home Point Capital’s website.

A telephonic replay of the call will be available approximately two hours after the live call through Thursday, May 13, 2021 by dialing (844) 512-2921 (toll-free) or (412) 317-6671 (international), passcode 21993573. To access a replay of the webcast, please visit Events in the Investor Relations section of Home Point Capital’s website.

About Home Point Capital

Home Point Capital is the parent company of Homepoint, one of the nation’s leading mortgage originators and servicers, as well as wholly owned subsidiaries Home Point Mortgage Acceptance Corporation and Home Point Asset Management. Home Point Capital’s primary business entity, Homepoint, puts people front and center of the homebuying and homeownership experience. The Company supports successful homeownership as a crucial element of broader financial security and well-being through delivering long-term value beyond the loan. Founded in 2015 and headquartered in Ann Arbor, Michigan, Homepoint works with a nationwide network of more than 6,000 mortgage broker and correspondent partners with deep knowledge and expertise about the communities and customers they serve. Today, Homepoint is the nation’s third-largest wholesale mortgage lender and the 7th-largest non-bank mortgage lender.

Home Point Financial Corporation d/b/a Homepoint. NMLS No. 7706 (For licensing information, go to: nmlsconsumeraccess.org). Home Point Financial Corporation does not conduct business under the name, “Homepoint” in IL, KY, LA, MD, NY, or WY. In these states, the company conducts business under the full legal name, Home Point Financial Corporation. 2211 Old Earhart Road, Suite 250, Ann Arbor, MI 48105. Toll-Free Tel: 888-616-6866.

Investor Relations Contact:                

Home Point Capital:

Gary Stein
[email protected]
(734) 205-9680

Media Contacts:                

Home Point Capital:

Brad Pettiford
[email protected]

Haven Tower for Home Point Capital:

[email protected]

SAN JOSE, Calif., April 16, 2021 (GLOBE NEWSWIRE) — AnPac Bio-Medical Science Co., Ltd. (“AnPac Bio,” the “Company” or “we”) (NASDAQ: ANPC), a biotechnology company with operations in China and the United States focused on early cancer screening and detection, announced today that it experienced strong demand for its paid tests based on the cancer differentiation analysis technology (CDA) technology, or paid CDA-based tests, in the first quarter of 2021, setting a record high Q1 test volume. CDA-based tests, which are multi-cancer tests based on a novel biophysical approach, are the Company’s flagship product line and reached 5,439 paid cancer tests in Q1, an approximately 130% increase over the same period last year. While AnPac Bio offers multiple test products including various cancer screening tests, immunology tests and annual physical checkups, paid CDA-based tests had the highest test volume among all these tests in Q1, 2021.

While the first 3 months of the year is traditionally a downtime due to seasonality and the Chinese New Year, the Company still experienced strong demand for its commercial CDA-based tests in Q1 2021. This increase in paid CDA-based test volume was also due to the Company being negatively impacted by COVID-19 in Q1 2020.

Dr. Chris Yu commented, “We are very pleased with achieving the increase in Q1 paid CDA-based testing volume, which is a strong indication that AnPac Bio’s technology, services and quality are being recognized by the market. Multi-cancer screening testing is now regarded as an important aspect and breakthrough in the fight again cancer as it offers a more cost effective and efficient way to screen cancer in large populations. With our multi-cancer screening based CDA technology gaining market acceptance, we believe that we are well-positioned to capture the significant growth in the cancer screening market in China. We are also working hard to commercialize our cancer test technology in the US via Laboratory Developed Tests (LDT). We are fully committed to innovating and developing new products and technologies and closely working with customers to achieve continued growth.”

About AnPac Bio

AnPac Bio is a biotechnology company focused on early cancer screening and detection, with 142 issued patents as of March 31, 2021. With two certified clinical laboratories in China and one CLIA and CAP accredited clinical laboratory and one CLIA registered clinical laboratory in the United States, AnPac Bio performs a suite of cancer screening and detection tests, including CDA (Cancer Differentiation Analysis), bio-chemical, immunological, and genomics tests. According to Frost & Sullivan, AnPac Bio ranked third worldwide among companies offering next-generation early cancer screening and detection technologies in terms of the number of clinical samples for cancer screening and detection, based on approximately 41,700 clinical samples as of December 2019. AnPac Bio’s CDA technology platform has been shown in retrospective validation studies to be able to detect the risk of over 20 different cancer types with high sensitivity and specificity.

For more information, please visit: https://www.Anpacbio.com.

For investor and media inquiries, please contact:

Company:

Phil Case, Marketing and Investor Relations
Phone: +1-267-810-6776 (US)
Email: [email protected]

Investor Relations:

Ascent Investor Relations LLC
Tina Xiao, President
Phone: +1-917-609-0333 (US)
Email: [email protected]   

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and are relating to the Company’s future financial and operating performance. The Company has attempted to identify forward-looking statements by terminologies including “believes,” “estimates,” “anticipates,” “expects,” “plans,” “projects,” “intends,” “potential,” “target,” “aim,” “predict,” “outlook,” “seek,” “goal” “objective,” “assume,” “contemplate,” “continue,” “positioned,” “forecast,” “likely,” “may,” “could,” “might,” “will,” “should,” “approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are based on current expectations, assumptions and uncertainties involving judgments about, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. These statements also involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to be materially different from those expressed or implied by any forward-looking statement. Known and unknown risks, uncertainties and other factors include, but are not limited to, the implementation of our business model and growth strategies; trends and competition in the cancer screening and detection market; our expectations regarding demand for and market acceptance of our cancer screening and detection tests and our ability to expand our customer base; our ability to obtain and maintain intellectual property protections for our CDA technology and our continued research and development to keep pace with technology developments; our ability to obtain and maintain regulatory approvals from the NMPA, the FDA and the relevant U.S. states and have our laboratories certified or accredited by authorities including the CLIA; our future business development, financial condition and results of operations and our ability to obtain financing cost-effectively; potential changes of government regulations; general economic and business conditions in China and elsewhere; our ability to hire and maintain key personnel; our relationship with our major business partners and customers; and the duration of the coronavirus outbreaks and their potential adverse impact on the economic conditions and financial markets and our business and financial performance, such as resulting from reduced commercial activities due to quarantines and travel restrictions instituted by China, the U.S. and many other countries around the world to contain the spread of the virus. Additionally, all forward-looking statements are subject to the “Risk Factors” detailed from time to time in the Company’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission. Because of these and other risks, uncertainties and assumptions, undue reliance should not be placed on these forward-looking statements. In addition, these statements speak only as of the date of this press release and, except as may be required by law, the Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

PHOENIX, April 16, 2021 (GLOBE NEWSWIRE) — According to a report on national housing starts released today, U.S. homebuilding surged to nearly a 15-year high in March. The housing market demand is being fueled by the demand of millions of Americans who continue to work from home and seek larger accommodations.

Mosaic, a construction technology company is addressing the state’s housing shortage in partnership with one of Arizona’s most forward-thinking builders as well as a premier land developer, by offering innovative, sustainable designs with improved efficiencies, while also reducing construction waste.

According to the Arizona Association of Realtors®, between March 2020 and March 2021, the number of active listings statewide fell 53 percent, while sales rose by just over 10 percent.  The sharp decline in listings meant just over one month’s worth of inventory at current sales levels, or falling nearly 55 percent, and prompting sales prices to rise by nearly 12 percent.

In general, because a balanced market between buyers and sellers is generally considered closer to six months, this inventory shortage is putting more pressure on homebuilders to add more supply, while also maintaining quality standards.  That’s where Mosaic fits in.

In Prescott Valley, Mosaic serves as the general contractor and oversees the entire building process for 350 new homes at Jasper by Mandalay Homes, a collection of single-family, net-zero energy homes at the base of the area’s picturesque Glassford Hill.  Currently offering 11 different floor plans, homes at Jasper will range from approximately 1,231 to 2,531 square feet.

“Mandalay was approaching the limits of building materials and product innovation, and we’ve been searching for a company like Mosaic to catalyze the next step,” said Dave Everson, owner and founder of Mandalay Homes. “Mosaic has reduced our framing time, increased our control over the construction process, and has operated with admirable attention to quality.”

In an analysis by the National Association of Home Builders (NAHB) of U.S. Census Bureau data, the nation’s builders pulled 17 percent more permits in January and February 2021 versus the same months of 2020.  In Arizona, the year-over-year increase was even more rapid at 26 percent, suggesting that the state’s builders are betting that the strong demand for new homes is part of a longer-term trend.  According to PropertyShark, the Phoenix metro area reported the third-highest gains in the median home sale price between 2009 and 2019, with many buyers applying these gains towards larger homes.

Reports released today by the Commerce Department indicate U.S. housing starts surged 19.4% to a seasonally adjusted annual rate of 1.739 million units last month, the highest level since June 2006.  A combination of increasing COVID-19 vaccinations, warmer weather and continued fiscal stimulus are driving the economy, with growth this year by economists expected to be the strongest in nearly four decades.

In Flagstaff, Mosaic is also working with Mandalay Homes as the general contractor and architect for Adora at Timber Sky, a collection of 35, single-family homes ranging from approximately 1,650 to 1,850 square feet.  Nationally recognized as an industry leader in energy conservation, indoor air quality, and water sustainability, Mandalay Homes has earned the Indoor airPLUS Leader Award six years in a row for its Indoor airPLUS homes.

Developed by Vintage Partners, the Timber Sky master plan is one of only 11 ‘dark sky’ communities in the world, allowing residents and visitors to take full advantage of northern Arizona’s clear skies for stargazing.

Elsewhere in Flagstaff, Mosaic is acting as the general contractor, architect, and site planner for Vintage Partners to create the 200-home Sky Cottages community.  This unique single-family, build-to-rent (BTR) neighborhood is based on three core principles: Sustainable energy efficiency, shared amenities and spaces, and multi-modal transportation options. 

Located on 20 acres adjacent to the Timber Sky master-planned community, the residences will include their own front door to the outside instead of a common hallway.  In addition, many homes will also feature private yards or patios. Interior spaces will range from approximately 750 to 1,250 square feet, feature all-electric appliances, and at least 20 homes will be constructed with solar panels.

“Mosaic has created immense value for us in the Flagstaff, Arizona market,” said Walter Crutchfield, Managing Partner at Vintage Investment Partners. “Not only have their home designs improved our design guidelines, but the way they’re building the homes will raise the bar for innovation in developments around the country.”

In order to accomplish this, Mosaic brings an extensive range of experience and the power of their proprietary software to make homebuilding scalable. Their end-to-end homebuilding software platform delivers value throughout the entire homebuilding process, from design through construction, and even extending into warranty calls.

“Our mission is to build places people love and make them widely available,” said Salman Ahmad, CEO and co-founder of Mosaic.  “We have developed software technologies that make construction more efficient and scalable. With every home Mosaic builds, we are expanding an ecosystem of like-minded partners eager to improve our communities. By scripting and automating the construction process, we are able to build in a way that is more dynamic, allowing us to build more diverse and unique homes anywhere in the world.”

The Mosaic team combines construction, technology, real estate development, academic, and business expertise. Members hail from Google, Microsoft, Palantir, MIT, Harvard, and Stanford, bringing the power of software to construction. Since 2017, they have provided construction management and related services to developers and homebuilders in Arizona.

About Mosaic

Mosaic is a construction technology company building software to make homebuilding more scalable. The company operates as a general contractor to provide construction and related services to homebuilders, permitting homebuilders to offload their construction management needs to Mosaic’s integrated platform. Mosaic’s platform standardizes the homebuilding process, and not the homes, allowing them to deliver places people love and create better communities. Learn more about how Mosaic is building better at www.mosaic.us and follow @mosaicbuilders on Twitter, LinkedIn, Facebook, and Instagram.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f309dcef-4a14-4977-9aa6-a3d332edd066

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/533f1ac7-e146-4c4b-ab66-c7093576b3a4