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Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.
Mr. Cooper Group closes the acquisition of Flagstar Bank for $1.3 billion in cash.
Mr. Cooper's servicing portfolio ended the third quarter at over $1.2 trillion
More layoffs are expected following Mr. Cooper mortgage servicing sale expected to close during the fourth quarter
The Dallas-based mortgage servicer welcomes several data-driven positions to hone in on digital innovation
The class members claim Ally Financial was negligent in safeguarding consumers' personal information