Rocket Companies announced Monday that it plans to buy mega-servicer Mr. Cooper for $9.4 billion, boosting the Detroit-based lender's book of business to $2.1 trillion. The all-stock transaction, ...
Chairman and CEO Jay Bray and other Nationstar Mortgage executives ring the opening bell at the New York Stock Exchange as part of the company's unveiling of its new brand identity: Mr. Cooper. You ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Just 33.9% of renters feel like they'll be able to own their home in the future according to the New York Fed’s Survey of ...
Rocket Companies is further positioning itself to become a one-stop mortgage shop with its two strategic acquisitions this month — Redfin and now mortgage servicer Mr. Cooper Group Inc. The ...
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Combined company to service more than $2.1 trillion in loan volume Integrating Rocket's originations-servicing recapture flywheel with Mr. Cooper's servicing platform will drive down costs and improve ...
EPS of $3.04 and revenue of $608 million for Q2 2025 both missed analyst expectations. The mortgage servicing portfolio ended at $1.51 trillion, up 25% year over year from Q2 2024. Expense control led ...
Shares of the mortgage-servicing company Mr. Cooper Group (NASDAQ: COOP) had blasted 16.3% higher at 10:38 a.m. ET, after the company announced that it had agreed to be acquired by the mortgage giant ...
The mortgage company Rocket is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin. This spring homebuying season is ...