Mortgage company Rocket is buying rival Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after buying real estate listing company Redfin.

Rocket agreed to buy Mr. Cooper Group, one of the country’s largest mortgage companies, in a $9.4 billion all-stock deal.

On a recent episode of the HousingWire Daily podcast, James Kleimann and Sarah Wheeler unpack Rocket Companies’ acquisition of Mr. Cooper.

Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.

Shares of Mr. Cooper Group jumped nearly 25% in premarket trading Monday on news that mortgage lending giant Rocket Companies ...

As the two executives built a relationship and recognized synergies between Rocket and Mr. Cooper, a deal fell into ... changes the landscape of the mortgage industry. “It’s time for ...

Mortgage company Rocket is acquiring Texas-based Mr. Cooper in an all-stock deal valued at $9.4 billion, the parties ...

The deal will significantly expand Rocket's mortgage servicing business, giving it control of one in six US mortgages. The acquisition is expected to save the combined companies $400 million ...

A split decision for home equity rates in the latest week. After falling for six consecutive weeks, HELOCs rose to 8 percent.

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. Rocket Cos. said Monday that ...