Shares of Mr. Cooper Group jumped nearly 25% in premarket trading Monday on news that mortgage lending giant Rocket Companies ...
United Wholesale Mortgage (UWM) won’t be sending any more servicing deals to Mr. Cooper Group in response to Mr. Cooper’s pending $9.4 billion acquisition by archrival Rocket Mortgage.
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 ...
Integrating Rocket's originations-servicing recapture flywheel with Mr. Cooper's servicing platform will drive down costs and improve the experience for the companies' nearly 10 million combined ...
The agreed-to merger between Rocket and Mr. Cooper is the first large domino to fall in what is shaping up to be another year of consolidation. Mortgage lenders are still dealing with overcapacity, ...
Mr. Cooper Group Inc. COOP and Rocket Companies, Inc. RKT have jointly announced an agreement under which the former will be acquired by the latter in an all-stock deal valued at $9.4 billion.
Merger unites America's largest mortgage lender and servicer, reshaping home financing landscape Rocket Companies, the nation's largest mortgage lender, announces today that it has reached a ...
On a recent episode of the HousingWire Daily podcast, Managing Editor James Kleimann joined Sarah Wheeler to unpack Rocket Companies’ headline-making acquisition of Mr. Cooper — a $9 billion ...
In spite of investor qualms, Rocket Cos.' purchase of Mr. Cooper is likely to clear regulatory hurdles, analysts at Keefe, Bruyette & Woods commented. The deal was announced before the markets opened ...
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