Mr. Cooper Acquiring Home Point Capital For $324M
Adding $84B servicing portfolio; Home Point operations to shut down after deal closes.
Adding $84B servicing portfolio; Home Point operations to shut down after deal closes.
Deal follows February announcement of acquisition of Rushmore parent, Roosevelt Management Co.
Industry veteran Harold Lewis will hold the same titles at BSI.
Kurt Johnson succeeds Jaime Gow as CFO; Christine Paxton returns from Wells Fargo as chief risk officer.
CEO calls results 'exceptional,' outlines potentially 'unprecedented opportunity' in MSR deals in 2023-25.
Seek class action status over denial of COVID-19
Loan originator and servicer saw earnings fall 25% from 2Q, but mortgage servicing portfolio grew.