Mr. Cooper Group, Inc. Stock News

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Mr. Cooper Group Inc. (NasdaqCM: COOP) to Rocket Companies (NYSE: RKT). Under the terms of the proposed transaction, shareholders of Mr. Cooper will receive 11.0 Rocket shares for each share of Mr. Coop...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--A&D Mortgage announces the official closing of its acquisition of the Mr. Cooper wholesale and non-delegated correspondent mortgage lending business.

Less than a month after the mortgage giant Rocket Companies moved to absorb the real estate platform Redfin, the company has already struck another major deal: This morning, Rocket Companies (NYSE: RKT) announced it has reached an agreement to acquire its home loan competitor, Mr. Cooper Group Inc. (NASDAQ: COOP), in an all-stock transaction valued at $9.4 billion.

Shares of the mortgage-servicing company Mr. Cooper Group (COOP 16.87%) had blasted 16.3% higher at 10:38 a.m.

Consumer lending stock Mr. Cooper Group Inc (NASDAQ:COOP) is surging today, up 18% at $123.30 at last glance, after news that fintech firm Rocket Companies (RKT) is acquiring the company for $9.4 billion in an all-stock deal as it looks to expand its mortgage-related offerings. RKT is moving lower after the news, down 7.8% at last glance.

Rocket Companies Inc (NYSE:RKT), the largest mortgage lender in the United States, will acquire Mr. Coooper Group (NASDAQ:COOP), the nation's leading mortgage servicer, in an all-stock deal valued at $9.4 billion.

Rocket Companies expands mortgage portfolio, follows Redfin deal with $9.4 billion acquisition of Mr. Cooper. The post Rocket Ramps Up Buying Spree With $9.4 Billion Mr.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Mr. Cooper Group Inc. (NASDAQ: COOP) to Rocket Companies for 11.0 Rocket shares for each share of Mr. Cooper common stock is fair to Mr. Cooper shareholders. Upon completion of the proposed transaction, Mr. Cooper shareholders will own approximately 25% of the combined company. Halper ...