Mr. Cooper Adds Former Senior Fannie Mae Executive To Board Of Directors
Andrew Bon Salle recently served as chairman of the board of directors of Home Point Capital Inc.
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Tagged: Mr. Cooper Group
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
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."
FHA Enacts New Cybersecurity Reporting Requirements
FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.
May 29, 2024