The all-stock deal is set to close in Q4 2025. Mr. Cooper Group Chair and CEO Jay Bray will become president and CEO of Rocket Mortgage while reporting to Rocket Companies CEO Varun Krishna.
Source: Inman News
Rocket Companies set to acquire Mr. Cooper Group Inc. for $9.4B
Published in acquisition, acquisitions, california, Dan Gilbert, Data and AI Infrastructure, end-to-end homeownership experience, Full-Lifecycle Real Estate, glenn kelman, homeownership, inman, jay bray, jpmorgan chase, loan volume, Mortgage, mortgage origination, mortgage servicing, Mr. Cooper Group, Mr. Cooper Group Inc., News Brief, real estate, Redfin, rocket companies, Rocket Mortgage, san diego, Select, technology in real estate, United Wholesale Mortgage and Varun Krishna
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