Mr. Cooper

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Mortgage Market Consolidates As Volatility Heightens

Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.

Nov 08, 2024
Mr. Cooper Group Serves 6M Customers After Acquiring Flagstar Bank

Mr. Cooper Group closes the acquisition of Flagstar Bank for $1.3 billion in cash.

Nov 05, 2024
Mr. Cooper Group Reports Net Income Of $80 Million

Mr. Cooper's servicing portfolio ended the third quarter at over $1.2 trillion

Oct 23, 2024
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