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Rocket agreed to buy Mr. Cooper Group, one of the country’s largest mortgage companies, in a $9.4 billion all-stock deal.
Rocket Companies is making a major move by acquiring Mr. Cooper Group in a $9.4 billion all-stock deal. This merger will create a mortgage giant, servicing over $2.1 trillion in loans and nearly 10 ...
Shares of Mr. Cooper Group jumped nearly 25% in premarket trading Monday on news that mortgage lending giant Rocket Companies ...
The Associated Press on MSN17d
Mortgage company Rocket buying Mr. Cooper in $9.4 billion stock dealMortgage 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 Companies, a mortgage and personal finance business in Detroit, has added Mr. Cooper Group to its portfolio.
Once the deal closes, Mr. Cooper Group Chairman and CEO Jay Bray is expected to become president and CEO of Rocket Mortgage. Gilbert will remain chairman of Detroit-based Rocket Companies.
Fintech firm Rocket Companies said on Monday it would buy home loan services provider Mr. Cooper Group for $9.4 billion, its second big deal this month as it looks to broaden its mortgage ...
March 31 (UPI) --The financial technology platform Rocket Companies acquired the Mr. Cooper Group mortgage company Monday, creating an entity that will represent nearly 20% of all mortgages in the ...
Mortgage company Rocket is acquiring Texas-based Mr. Cooper in an all-stock deal valued at $9.4 billion, the parties ...
Mr. Cooper is an ... along with Rocket’s purchase of Redfin and other landmark announcements made this year, significantly changes the landscape of the mortgage industry.
Rocket RKT-0.99%decrease; red down pointing triangle Cos. is looking to take an even bigger chunk of the mortgage market with the $9.4 billion acquisition of Mr. Cooper Group COOP-2.39%decrease ...
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