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.
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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.
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.