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On a recent episode of the HousingWire Daily podcast, James Kleimann and Sarah Wheeler unpack Rocket Companies’ acquisition of Mr. Cooper.
Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.
Rocket Mortgage and Redfin are powerful brands and Dan Gilbert's company insists a streamlined process they plan to create would simplify homebuying.
On a pro forma basis, Monday's deal would create an originator almost, but not quite as large as United Wholesale Mortgage. UWM did $38.7 billion in origination volume in the fourth quarter. The ...
The deal presents a strategic opportunity for Rocket to lower acquisition costs and expand its product offerings through Redfin's extensive online reach. Despite potential risks, including market ...
The Associated Press on MSN21d
Mortgage company Rocket buying Mr. Cooper in $9.4 billion stock dealMortgage company Rocket is buying rival Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after buying real estate listing company Redfin.
JPMorgan's Dae K Lee is raising Redfin Corp‘s RDFN stock price target from $7 to $12.50, matching Rocket Companies' RKT acquisition price. The deal values Redfin's equity at about $1.75 billion ...
The move comes weeks after Rocket, controlled by mortgage impresario Dan Gilbert, purchased real estate listing platform Redfin in a deal worth $1.75 billion. The move should bode well for ...
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 ...
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