The Truth About Mr. Cooper Group: Why Wall Street Is Quietly Loading Up
Mr. Cooper Group (COOP), a major mortgage and home-loan servicing company, is highlighted as an under-the-radar investment opportunity despite the internet being preoccupied with meme stocks. The article suggests that while not as flashy as tech or meme stocks, COOP is gaining attention from finance professionals for its consistent stock performance and its position as a solid macro play on the U.S. housing market. It emphasizes the company's focus on profitability and capital returns, making it a serious candidate for long-term, US-focused portfolios seeking targeted exposure to housing and mortgages.
Strategic Realignment Underway at Mortgage Servicer Mr. Cooper
Mr. Cooper Group Inc. (COOP) is undergoing a significant strategic realignment following its integration with Rocket Companies, completed on October 1, 2025. This involves organizational changes, including workforce optimization, and a strong focus on technological innovation, particularly with its "Pyro" AI platform. The company aims to capitalize on efficiencies and a potentially rebounding US mortgage market, positioning itself to leverage its expanded market presence and technology for future growth.
Mr. Cooper to Be Acquired by Rocket Companies in a $9.4B Deal
Rocket Companies has announced its acquisition of Mr. Cooper in an all-stock transaction valued at $9.4 billion. This strategic move is expected to significantly expand Rocket Companies' mortgage servicing portfolio and enhance its market position. The acquisition aims to create a more diversified and robust financial services entity.
Mr. Cooper Q4 Earnings Surpass Estimates, Expenses Increase Y/Y
Mr. Cooper (COOP) reported strong Q4 earnings, surpassing analyst estimates primarily due to higher-than-expected net interest income. Despite this, the company saw a significant year-over-year increase in total expenses, which impacted its overall profitability. Investors will be watching how the company manages these rising costs in future quarters.
The Technical Signals Behind (COOP) That Institutions Follow
This article analyzes the technical signals for Mr. Cooper Group Inc. (NASDAQ: COOP) that institutions monitor. It presents AI-generated trading strategies including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis. The piece highlights real-time entry and exit signals, risk-reward ratios, and custom risk models available through their platform.
Mortgage company Rocket buying Mr. Cooper in all-stock deal valued at $9.4 billion
Rocket Companies, Inc. (NYSE: RKT) is acquiring Mr. Cooper Group Inc. (NASDAQ: COOP) in an all-stock deal valued at $9.4 billion. This strategic acquisition aims to combine two major players in the mortgage industry, potentially creating a dominant force in mortgage origination and servicing. The deal is expected to bring significant synergies and expanded market share for the combined entity.
Mortgage servicer Mr. Cooper cutting 102 jobs in Lake Forest
Mortgage servicer Mr. Cooper, recently acquired by Rocket Cos., plans to lay off 102 workers in its Lake Forest business starting January 16, 2026. This follows Rocket Cos.'s $14.2 billion acquisition of Mr. Cooper and aims to integrate their operations, though Mr. Cooper's Lake Forest office will remain open. The layoffs impact various positions, including vice presidents, underwriters, and loan processors, as Rocket Cos. seeks greater control over the home buying and financing process.
How David Nierenberg's Major Stake Reduction Could Influence Mr. Cooper Group (COOP) Investors
Investor David Nierenberg recently reduced his stake in Mr. Cooper Group Inc. (COOP) by 57.4%, selling 169,933 shares. This significant move by a long-term investor highlights a shift in sentiment for the mortgage platform, especially as it prepares for a US$9.4 billion merger with Rocket Companies. The article suggests this reduction, while notable, may not immediately impact the merger's catalysts but underscores ongoing market sentiment risks during transitional periods for COOP investors.
Mortgage company Rocket buying Mr. Cooper in all-stock deal valued at $9.4 billion
Rocket Companies is acquiring Mr. Cooper Group Inc. in an all-stock deal worth $9.4 billion, creating a dominant mortgage company. This acquisition follows Rocket's recent purchase of Redfin, as the company aims to offer a comprehensive homeownership experience amid a challenging housing market.
Rocket to Buy Mr. Cooper Group in $9.4 Billion Mortgage-Industry Deal
Rocket is acquiring Mr. Cooper Group for $9.4 billion in a move that will create one of the largest mortgage servicing companies in the U.S. This acquisition is the second-largest ever in the mortgage industry and is part of Rocket's strategy to become a comprehensive financial services provider for homeowners. The combined entity is expected to service roughly one in six U.S. mortgages.
Mr. Cooper Group Inc. Board of Directors Declares Dividend
Mr. Cooper Group Inc. announced its Board of Directors has declared a cash dividend of $2.00 per share of common stock. The record date for the dividend is September 29, 2025, with a payment date of October 7, 2025. The ex-dividend date is expected to be September 29, 2025.
Rocket Companies Closes $14.2 Billion Acquisition of Mr. Cooper
Rocket Companies (NYSE: RKT) has completed its $14.2 billion acquisition of Mr. Cooper Group, uniting the nation's largest home loan originator with its largest mortgage servicer. This strategic move aims to create a combined servicing portfolio of nearly 10 million homeowners, streamline the homeownership process, and reduce costs through integrated AI technology and expanded services. Jay Bray, former CEO of Mr. Cooper, will become President and CEO of Rocket Mortgage, reporting to Rocket Companies CEO Varun Krishna.
Rocket Completes $14.2B Acquisition Of Mr. Cooper Group
Rocket Companies has finalized its $14.2 billion acquisition of Mr. Cooper Group, making it the largest independent mortgage deal in U.S. history and creating a dominant player in the mortgage industry. This integration combines Rocket's origination capabilities with Mr. Cooper's servicing strength, aiming to lower costs and streamline the homeownership process. Following the acquisition, Mr. Cooper's CEO, Jay Bray, will become President and CEO of Rocket Mortgage, reporting to Varun Krishna, CEO of Rocket Companies.
Rocket Companies Announces Delivery of Conditional Redemption Notice for Three Series of Senior Notes Issued by Nationstar Mortgage Holding Inc., and Post-Closing Reorganization Transactions
Rocket Companies, Inc. announced that Nationstar Mortgage Holdings Inc. delivered conditional redemption notices for three series of its senior notes totaling 5.000% due 2026, 6.000% due 2027, and 5.500% due 2028. These redemptions are contingent upon the consummation of Rocket Companies' acquisition of Mr. Cooper Group Inc., expected to close in the fourth quarter of 2025. Following the acquisition, Nationstar's assets and liabilities will be contributed to Rocket Mortgage, LLC, which will assume Nationstar's obligations under its other senior notes.
Rocket Companies Announces the Extension of the Expiration Date for Cash Tender Offers and Consent Solicitations for Any and All of Nationstar Mortgage Holdings Inc.'s 5.125% Senior Notes Due 2030 and 5.750% Senior Notes Due 2031
Rocket Companies, Inc. has extended the expiration date for its cash tender offers and consent solicitations for Nationstar Mortgage Holdings Inc.'s 5.125% Senior Notes due 2030 and 5.750% Senior Notes due 2031. The new expiration date is September 30, 2025, from the original September 2, 2025. This extension is in connection with Rocket Companies' pending acquisition of Mr. Cooper, Nationstar's parent company, and aims to provide more time for the acquisition to be consummated.
FHFA approves Rocket's $9.4bn Mr. Cooper deal with market share cap
The Federal Housing Finance Agency (FHFA) has approved Rocket Companies' $9.4 billion acquisition of Mr. Cooper Group, setting a 20% market share cap for each company in Fannie Mae and Freddie Mac's servicing portfolios to ensure market stability. This regulatory clearance, along with antitrust approval, paves the way for a crucial shareholder vote on September 3, potentially creating a mortgage servicing giant with $2.1 trillion in loans. Rocket expects significant operational synergies and projects the deal to close in Q4 2025.
Mr. Cooper’s Originations Rise, But Margin Compression Dulls Q2 Results
Mr. Cooper Group Inc. reported mixed Q2 2025 earnings, with origination volumes rising to $9.4 billion but profit falling short of analyst expectations due to tighter gain-on-sale margins. Despite increased home equity and direct-to-consumer (DTC) lending, competitive pressures and merger costs impacted EPS. The company is actively planning its integration with Rocket Companies, aiming for a Q4 2025 closing for the $9.4 billion all-stock deal.
Mr. Cooper Group Inc. to Release Second Quarter 2025 Financial Results on July 23, 2025
Mr. Cooper Group Inc. (NASDAQ: COOP) announced it will release its second quarter 2025 financial results on July 23, 2025, at 7:00 A.M. Eastern Time. The materials, including the press release and investor presentation, will be accessible on the company's website under the investors section. Mr. Cooper Group is a leading home loan servicer and provides various real estate services.
Rocket Companies Acquires Mr. Cooper for $9.4 Billion
Rocket Companies is acquiring Mr. Cooper, one of the largest non-bank mortgage servicers, for $9.4 billion in an all-stock transaction. This acquisition, combined with a recent Redfin purchase, aims to establish Rocket as a full-stack digital homeownership platform covering the entire homeownership journey. The combined entity will serve 10 million clients with a $2.1 trillion servicing book, leveraging the acquisitions to drive increased loan volume, recurring revenue, and operational efficiencies.
Mr. Cooper, America’s Largest Servicer, Joins Rocket, the Nation’s Largest Lender
Rocket Companies announced a definitive agreement to acquire Mr. Cooper Group Inc. in an all-stock transaction valued at $9.4 billion. This acquisition will create a combined entity servicing over $2.1 trillion in loan volume, representing one in every six mortgages in America. The deal is expected to generate approximately $500 million in annual run-rate revenue and cost synergies and is anticipated to be accretive to Rocket's adjusted earnings per share immediately after closing.
Mr. Cooper Group Announces CEO Transition at Lewisville-Based Xome
Mr. Cooper Group announced a CEO transition at its Lewisville-based Xome subsidiary. Mike Rawls, the current CEO, plans to retire effective June 30, and Chris Marshall, former vice chairman and president at Mr. Cooper, will take over. Marshall brings decades of experience to Xome, aiming to drive market share growth and new revenue streams.
North Texas' Mr. Cooper Group Adds New Board Member
Mr. Cooper Group has appointed Andrew Bon Salle to its board of directors, effective January 1. Bon Salle brings over 30 years of experience in capital markets, risk management, securitization, and mortgage policy leadership, previously serving as chairman of Home Point Capital Inc. and EVP at Fannie Mae. His appointment is expected to help advance Mr. Cooper Group's strategic vision and homeownership experience.
Flagstar Bank sells off mortgage business for $1.3B to Mr. Cooper Group
Flagstar Bank, a subsidiary of Flagstar Financial Inc., has sold its residential mortgage servicing/sub-servicing business and third-party origination platform to Mr. Cooper Group for approximately $1.3 billion. This sale is expected to increase Flagstar's CET1 capital ratio by around 50 basis points and is part of the bank's strategy to simplify its business model and focus on core regional banking. Flagstar will continue to offer residential mortgage products through its retail origination channels and Private Bank.
Mr. Cooper completes $1.3 billion acquisition of Flagstar's mortgage business
Mr. Cooper Group has finalized its $1.3 billion acquisition of Flagstar Bank's mortgage operations, which includes mortgage servicing rights, advances, subservicing contracts, and Flagstar's third-party origination platform. This acquisition expands Mr. Cooper's customer base to over six million and is expected to be fully integrated by early 2025. Flagstar, undergoing significant restructuring and rebranding, has cut 700 jobs with another 1,200 employees transitioning to Mr. Cooper.
Mr. Cooper Group Reports Net Income Of $80 Million
Mr. Cooper Group Inc. reported a Q3 2024 net income of $80 million, a decrease from the previous quarter, but highlighted an exceptional operating ROTCE of 16.8% and record liquidity. The company saw an 80% quarter-over-quarter increase in originations volume, driven by both direct-to-consumer and correspondent channels, with its servicing portfolio ending the quarter at over $1.2 trillion. The CEO also noted the anticipated acquisition of Flagstar’s mortgage operations in Q4.
Latham Advises on Mr. Cooper Group Inc.’s US$750 Million Senior Notes Offering
Latham & Watkins LLP represented the initial purchasers in Mr. Cooper Group Inc.'s (NASDAQ: COOP) offering of US$750 million 6.500% senior notes due 2029. The private placement was made by Nationstar Mortgage Holdings Inc., a wholly owned subsidiary of Mr. Cooper, under Rule 144A and Regulation S. The Latham team was led by New York partners Corey Wright and Erika Weinberg, with tax advice from New York partner Bora Bozkurt.
Mr. Cooper to acquire Flagstar’s servicing and TPO businesses for $1.4B in cash
Mr. Cooper Group is set to acquire Flagstar Bank’s third-party origination (TPO) platform and $356 billion in mortgage servicing rights (MSRs) for $1.4 billion in cash. This acquisition will add 1.3 million customers to Mr. Cooper's portfolio and is expected to enhance New York Community Bancorp's (NYCB) capital level. The deal, anticipated to close in Q4 2024, marks a significant move for Mr. Cooper in expanding its servicing portfolio and Flagstar's exit from the TPO business.
Latham Advises on Mr Cooper Group Subsidiary Nationstar Mortgage US1 Billion Senior Notes Offering
Latham & Watkins LLP advised on Mr. Cooper Group Inc. (NASDAQ: COOP) subsidiary Nationstar Mortgage Holdings Inc.'s US$1 billion Senior Notes offering. The offering for 7.125% Senior Notes due 2032 closed on February 1, 2024, in a private placement. Latham & Watkins represented the initial purchasers with a team covering corporate, data privacy, cybersecurity, and tax matters.
Ann Arbor's Home Point Capital bought by Mr. Cooper Group
Ann Arbor-based Home Point Capital Inc. is being acquired by Dallas-based Mr. Cooper Group Inc. for $324 million in cash. This sale follows Home Point Capital's recent divestiture of its mortgage origination business and layoffs, amidst a challenging mortgage market characterized by higher interest rates and insufficient housing supply. Mr. Cooper Group will absorb Home Point's operations, including $84 billion in mortgage servicing rights, and its 301,000 customers.
Coppell-based mortgage and loan company says 14.7 million affected in data breach
Mr. Cooper Group Inc., a Coppell-based mortgage and loan company, announced that a data breach initially thought to affect 4 million customers, actually impacted 14.7 million current and former homeowners. The company is offering two years of free credit monitoring and identity protection services through TransUnion to affected individuals. Although Mr. Cooper is monitoring the dark web, there is no evidence yet that the stolen data has been used.
Mr. Cooper leaks personal data of 14 million loan and mortgage customers
Mr. Cooper, a major mortgage and loan company, announced a data breach affecting 14.7 million current and former customers. The breach, initially believed to impact only 4 million, exposed names, addresses, phone numbers, Social Security numbers, dates of birth, and bank account numbers. The company is offering two years of free credit monitoring and identity protection services through TransUnion to affected individuals.
Deal To Purchase Home Point Capital Delayed
Mr. Cooper Group's offer to purchase Home Point Capital for approximately $324 million in cash has been delayed until July 31. The transaction, initially set to close by July 21, will also involve Mr. Cooper assuming $500 million in Home Point's senior notes. The deal is expected to finalize in Q3 2023, with Home Point's operations shutting down after the transition.
Mr. Cooper Group enters definitive agreement to acquire platform with customers holding $37 billion in unpaid principal balance
Mr. Cooper Group has entered into a definitive agreement to acquire Rushmore Loan Management Services' residential mortgage servicing platform. This acquisition will add a platform with customers holding $37 billion in unpaid principal balance to Mr. Cooper Group's portfolio, expanding its servicing operations.
Mr. Cooper Group Announces 2 Executive Leadership Appointments
Mr. Cooper Group Inc. has announced two key executive appointments, naming Kurt Johnson as Chief Financial Officer and Christine Paxton as EVP and Chief Risk and Compliance Officer. Johnson brings 25 years of mortgage industry experience and previously served as the company's chief risk and compliance officer. Paxton returns to Mr. Cooper from Wells Fargo, having previously established the corporate enterprise risk management framework at Mr. Cooper Group.
Mr. Cooper sacks 800 employees in third round of layoffs
Mr. Cooper Group announced a third round of layoffs this year, cutting 800 full-time employees from its originations unit. This decision was made to scale back its mortgage origination operations due to the cooling housing market and market volatility. The company expects to incur $15 million to $20 million in charges related to the layoffs and other efficiency plans, while affirming its long-term commitment to its originations platform alongside its servicing business.
Mr. Cooper Completes Agreement with Sagent to Create the Mortgage Industry’s First Cloud-Native Servicing Platform
Mr. Cooper Group Inc. has completed an agreement with Sagent M&C, LLC, under which Sagent acquired intellectual property rights related to Mr. Cooper’s cloud-based mortgage servicing technology. In return, Mr. Cooper received an equity stake in Sagent and board appointments, aiming to develop the industry's first cloud-native servicing platform. Mr. Cooper will also become a multi-year customer of Sagent.
Mr. Cooper agrees to buy servicing assets from Bayview unit
Mr. Cooper has signed an agreement to acquire the servicing rights for approximately 140,000 residential loans from a Bayview Asset Management subsidiary, Community Loan Servicing, and will also add over 500 employees. The deal leverages the Bayview unit's expertise in distressed loans and is expected to close in the second quarter pending approvals. This acquisition aligns with a trend of increased M&A activity in the mortgage market as rising rates pressure profitability.
Mr. Cooper CEO: No foreclosure frenzy expected as forbearance ends
Jay Bray, CEO of Coppell-based mortgage lender and servicer Mr. Cooper Group, believes that the expiration of the mortgage forbearance program mandated by the CARES Act will not lead to a wave of foreclosures similar to 2008. The company is actively working with customers to ensure smooth transitions as forbearance ends. This outlook suggests a more managed and less chaotic end to the forbearance period than some might anticipate.
Freddie Mac, Mr. Cooper, Cenlar, LendingHome name new leaders
This article details numerous leadership appointments across the mortgage and real estate finance industry. Key companies like Freddie Mac, Mr. Cooper, Cenlar, and LendingHome are among those announcing new chief officers and executive roles, highlighting a significant period of strategic hires and internal promotions to drive growth and enhance compliance and operational efficiency.
Mr. Cooper sells off reverse mortgage servicing unit in major deal
Mr. Cooper Group has announced the sale of its reverse mortgage servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management (MAM). This strategic move aims to strengthen its business model by focusing on core origination and servicing segments, improving profitability, and enhancing capital ratios. Additionally, Mr. Cooper recently closed the sale of its title insurance business, Title365, to Blend Labs for $500 million, further solidifying its financial position and growth strategy.
Mr. Cooper exits reverse servicing space with sale to MAM
Mr. Cooper Group has announced the sale of its reverse mortgage servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management (MAM). This move allows Mr. Cooper to focus on its core origination and servicing segments, aiming to improve profitability and strengthen capital ratios. The transaction is significant as MAM recently sold its previous reverse mortgage servicing acquisition, RMS, to Ocwen Financial Services, and is now re-entering the space.
Mr. Cooper secures deal with Google Cloud for mortgage servicing platform
Mr. Cooper Group has partnered with Google Cloud to develop a new digital mortgage servicing platform. This platform will leverage AI and machine learning to automate loan documentation processes, aiming to make mortgage servicing easier for homeowners and improve operational efficiency. The collaboration builds on Mr. Cooper's existing technological investments and aims to make these advancements available to the broader industry.
Blend To Acquire Title365 From Mr. Cooper
Blend, a digital lending software company, has entered a definitive agreement to acquire Title365 from Mr. Cooper Group, Inc. for approximately $422 million, reflecting an enterprise value of $500 million. This acquisition aims to integrate title and settlement services into Blend's cloud-based platform, enhancing the efficiency and transparency of the homebuying process for consumers and lenders. The transaction is expected to close in the second quarter of 2021, subject to regulatory approvals.
Blend to Acquire Title365 from Mr. Cooper Group
Blend, a leader in digital lending software, announced its definitive agreement to acquire Title365, a provider of title insurance and settlement services, from Mr. Cooper Group. This acquisition aims to integrate title and settlement into Blend's cloud-based platform, streamlining the entire homebuying journey and driving efficiency for lenders and consumers. The deal is valued at approximately $422 million and is expected to close in the second quarter of 2021, with Title365 continuing under its current leadership.
Mr. Cooper to refund $73M to home mortgage borrowers dating to Nationstar days
Mr. Cooper, formerly Nationstar Mortgage, has been ordered to refund $73 million to approximately 40,000 homeowners. This decision by the Consumer Financial Protection Bureau comes after the company repeatedly failed to provide basic mortgage servicing operations over four years. The Coppell-based mortgage lender and servicer will repay borrowers for these deficiencies.
Mr. Cooper announces massive hiring of remote workers
Mr. Cooper plans to hire 2,000 remote mortgage professionals and support staff by the end of 2020 to meet increasing customer demand. The company has already onboarded 3,000 new employees this year and is filling critical positions remotely, with options for new hires to work in offices in Dallas, Chandler, or Santa Ana once it's safe. Mr. Cooper emphasizes its commitment to a supportive culture and market-competitive benefits to attract talent.
Flueid Appoints Jay Gaskill to Board of Directors
Flueid Software Corporation announced the appointment of Jay Gaskill, a long-time industry expert in integrated technology and data solutions for real estate, to its board of directors. Gaskill brings extensive experience from his roles at Xome Exchange, Solutionstar, Real Estate Digital, and LPS Real Estate Group. His appointment is expected to provide significant insights as Flueid continues to innovate in real estate closing automation.
DI People: Dave & Buster’s, Cyber Group, and SOLiD Announce Leadership Moves
This article details a weekly roundup of executive and leadership changes within companies and organizations across North Texas. Key appointments include Brandon Coleman III as SVP and CMO for Dave & Buster’s, Sankalp Shastri's promotion to CTO at Cyber Group, and Slavko Djukic joining SOLiD as VP of product line management and technology for the Americas. Other significant moves involve leadership changes at Texas Instruments, Kimberly-Clark, Mr. Cooper, Texas Christian University, and Invitation Homes.
The Winners of D CEO’s Mergers & Acquisitions Awards 2019
D CEO announced the winners of its 2019 Mergers & Acquisitions Awards, recognizing significant M&A deals and top dealmakers in North Texas. The article highlights key transactions across various deal sizes, from under $25 million to over $1 billion, and acknowledges the professionals responsible for making these deals happen. Noteworthy transactions included Keurig Green Mountain's acquisition of Dr Pepper Snapple Group and Energy Transfer Equity's merger with Energy Transfer Partners, amidst a strong year for M&A activity fueled by a buoyant stock market.
IBM to lay off over 300 in Durham after closure of subsidiary
IBM is laying off over 300 employees in Durham, North Carolina, following the closure of its subsidiary, Seterus. The job cuts, affecting 310 individuals, will take effect no earlier than March 11, shortly after IBM sold Seterus to Mr. Cooper Group.
