Mr. Cooper Buy Home Point for $324M - The Mortgage Leader

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Mr. Cooper Buy Home Point for $324M

Sunday, May 14 2023

Written by The Mortgage Leader

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Dallas-based Mr. Cooper Group has agreed to acquire Michigan-based Home Point Capital for $324 million and will take on $500 million of Home Point’s outstanding debt. So reports The Real Deal.

Mr cooper 150x150 Home Point, 2022’s third-biggest wholesale lender by origination volume, brings 301,000 customers to the mortgage giant.

In April, Mr. Cooper acquired Rushmore Loan Management Services’ residential mortgage servicing platform.

Read the full article from The Real Deal.

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