Mr. Cooper Bets Big on AI, Expands Tech for Better CX
After Flagstar onboarding last year, Mr. Cooper reports 4Q net income of $204M
Tagged: mortgage servicing
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.
Leaders Ramp Up AI In Lending As Chatbots Rise
While technology and digital capabilities in mortgage lending and servicing have grown, consumers' preference for human contact endures
Rocket Mortgage And Annaly Capital Management Enter Subservicing Agreement
Rocket will handle all servicing and recapture activities for a portion of the mortgage servicing rights held by Annaly.
ICE Expands Credit Dispute Processing For Mortgage Servicers
ICE Credit Bureau Management automates credit disputes, helping servicers meet 30-day reporting deadlines.
The Big Spend
Listen to the Mortgage Banker Magazine September 2024 cover story.
CFPB Takes Action Against Fay Servicing For Unlawful Foreclosures, Violating Court Order
The order mandates a $5 million payment in redress and penalties, imposes compensation limits on CEO Edward Fay
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.
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."
CoreLogic Partners With Wells Fargo To Enhance Mortgage Servicing
Collaboration aims to improve risk management, compliance, and customer experiences in the mortgage sector.