Tag Archives: Mr. Cooper

ERS merges with investment firm, partners with eXp

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The Nebraska-based company’s agents will now be a part of eXp, while the parent company merges with Good Life Capital in a bid to build an all-in-one platform. Continue reading →

UWM expands its Rocket rivalry into mortgage loan servicing

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Long-term agreement with ICE Mortgage Technology will help nation’s largest mortgage lender bring $242 billion loan servicing portfolio in-house to boost repeat business and referrals. Continue reading →

Mr. Cooper’s servicing portfolio shrinks for the first time in 2 years

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Nation’s largest loan servicer turned an $88 million Q1 profit and remains on track to be acquired by Rocket in Q4, a deal that’s prompted UWM to cut ties to Mr. Cooper. Continue reading →

Sue Yannaccone reveals launch of new title venture ‘Upward Title’

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The Anywhere Brands chief reveals that her company is expanding a title venture, and she argues that consolidation and integration will dominate the real estate industry. Continue reading →

UWM and Google Cloud announce ‘strategic’ AI mortgage partnership

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Nation’s largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support. Continue reading →

Rocket bucks tariff stock market selloff on prospects for growth

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Lower mortgage rates could help lenders do more business, and investment analysts like Rocket’s plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper. Continue reading →

Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance

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Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company’s main line of business could shrink by as much as 7 percent this year. Continue reading →

A&D Mortgage closes acquisition of Mr. Cooper’s 3rd-party channel

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Deal gives the nation’s biggest provider of riskier “non-QM” mortgages additional capacity to offer more traditional loans backed by Fannie and Freddie, FHA, VA and USDA. Continue reading →

Rocket’s appetite for growth could ding corporate debt rating

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Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4 billion. Continue reading →

Keller Williams takes on major investment from CoreLogic owner

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CoreLogic parent Stone Point Capital is investing in Keller Williams as part of what the firms described as a plan to accelerate growth and fuel innovation, Inman has learned exclusively. Continue reading →