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.
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Tagged: mortgage servicing rights
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."
Texas Capital Bank Files Several Motions Against DOJ, Ginnie Mae
Texas Capital Bank opposed the DOJ's motion to halt Ginnie Mae case discovery and the defendant's motion to dismiss.
Feb 22, 2024
Mortgage Executive Headed To Fintech Firm
Mr. Cooper Group's outgoing president and vice chairman Chris Marshall is heading to fintech firm.
Jan 23, 2024
Planet Home Acquires $10B In MSRs
Deal with Village Capital solidifies its position as a mortgage servicing rights (MSRs) investor.
Jun 22, 2023
Mr. Cooper Encouraged Despite 99% Drop In Q4 Earnings
CEO calls results 'exceptional,' outlines potentially 'unprecedented opportunity' in MSR deals in 2023-25.
Feb 12, 2023
Servicing Remains A Bright Spot For Pennymac, While Originations Fall By Half
Profits are up 4% in third quarter.
Oct 28, 2022
Mr. Cooper Group 3Q Earnings Beat Analyst Expectations
Loan originator and servicer saw earnings fall 25% from 2Q, but mortgage servicing portfolio grew.
Oct 26, 2022