Proceeds will primarily be used to redeem existing debt issued by a subsidiary of Mr. Cooper on the closing date of the deal.

Mr. Cooper, an avatar created to erase Nationstar Mortgage’s tarnished name, is bought by Rocket Mortgage, creating a $2 ...

Commissions do not affect our editors' opinions or evaluations. Mr. Cooper—formerly Nationstar Mortgage—is a Dallas-based mortgage lender and the largest mortgage servicer in the U.S. The ...

In March 2025, top mortgage lender Rocket Mortgage announced that it will acquire Mr. Cooper by the end of the year. This acquisition may ultimately be good news for borrowers. Mr. Cooper is one ...

Strategic acquisition finalizes amid Rocket’s $9.4B takeover of Mr. Cooper, raising industry questions “Today marks an exciting new chapter for A&D Mortgage,” said Max Slyusarchuk, CEO of A&D Mortgage ...

"We want to grow in (mortgage) purchase, we want to grow in AI and in servicing," Krishna said. "These deals are a very direct accelerator of that." Essentially, the Redfin and Mr. Cooper deals ...

Mortgage giant Rocket is making good on its goal of becoming a one-stop shop for homeowners with its $9.4 billion acquisition of Mr. Cooper Group COOP0.74%increase; green up pointing triangle, ...

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 ...