Mortgage company Rocket is buying rival Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after buying real ...

This transaction, following Rocket's purchase of Redfin, could be the start of the creation of large players to compete with ...

Share on Facebook Share on Twitter The financial technology platform Rocket Companies — , which includes real estate, title ...

United Wholesale Mortgage (UWM) won’t be sending any more servicing deals to Mr. Cooper Group in response to Mr. Cooper’s pending $9.4 billion acquisition by archrival Rocket Mortgage.

The deal will significantly expand Rocket's mortgage servicing business, giving it control of one in six US mortgages. The acquisition is expected to save the combined companies $400 million ...

This is the opposite of Fitch Ratings, which said it is likely to downgrade Rocket Mortgage to "BB+" from "BBB-" when the deal closes, citing the added leverage from not just the Mr. Cooper ...

Cooper shareholders will receive 11 Rocket shares for each of Mr. Cooper’s stock they own, representing a 35% premium, it said in the statement. Rocket shares dropped 7.4% to $12.07 at 9:36 a.m ...

Bray is set to become president and CEO of Rocket Mortgage. “By combining Mr. Cooper and Rocket, we will form the strongest mortgage company in the industry, offering an end-to-end homeownership ...

The mortgage company Rocket is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin. Rocket Cos. said Monday that ...