Mr. Cooper

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Flagstar Bank Announces Workforce Reduction Of 700 Employees

More layoffs are expected following Mr. Cooper mortgage servicing sale expected to close during the fourth quarter

Oct 21, 2024
Mr. Cooper Adjusts Leadership To Drive Digital Strategy

The Dallas-based mortgage servicer welcomes several data-driven positions to hone in on digital innovation

Oct 09, 2024
Ally Bank Faces Class Action Lawsuit Over Data Breach

The class members claim Ally Financial was negligent in safeguarding consumers' personal information

Sep 10, 2024
Mr. Cooper Posts Strong Second Quarter Earnings

The company announced concurrently its decision to purchase Flagstar Bank's servicing and TPO operations for $1.4B.

Jul 25, 2024
Mr. Cooper To Buy Flagstar's Mortgage Servicing, TPO Platform

The MSRs and subservicing contracts to be purchased from Flagstar total roughly $356 billion in unpaid principal balance, and include "attractive refinance opportunities."

Jul 25, 2024
FHA Enacts New Cybersecurity Reporting Requirements

FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.