Deal To Purchase Home Point Capital Delayed
Will close by end of the month.
Tagged: Mr. Cooper Group
Homepoint Sues 7 Correspondent Lenders Over Repurchases
Claims breaches of contract; seeking more than $4.6 million in restitution.
Fitch: Non-Bank Mortgage Lenders Can Weather The Storms
Ratings service says they are well-positioned to handle liquidity and funding challenges.
Audit Finds Servicers, Mr. Cooper Bungled Pandemic Mortgage Relief
HUD Inspector General finds that 2/3rds of borrowers did not receive loss-mitigation assistance.
Mr. Cooper Acquiring Home Point Capital For $324M
Adding $84B servicing portfolio; Home Point operations to shut down after deal closes.
Mr. Cooper To Acquire Rushmore Residential Loan Servicing Platform
Deal follows February announcement of acquisition of Rushmore parent, Roosevelt Management Co.
BSI Financial Hires Mr. Cooper's President, COO
Industry veteran Harold Lewis will hold the same titles at BSI.
Mr. Cooper Group Announces Executive Leadership Changes
Kurt Johnson succeeds Jaime Gow as CFO; Christine Paxton returns from Wells Fargo as chief risk officer.
Mr. Cooper Encouraged Despite 99% Drop In Q4 Earnings
CEO calls results 'exceptional,' outlines potentially 'unprecedented opportunity' in MSR deals in 2023-25.