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Mr. Cooper mortgage

FHFA Approves Rocket Mortgage

FHFA Approves Rocket Mortgage’s $9.4 Billion Acquisition Of Mr. Cooper

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The Federal Housing Finance Agency AKA FHFA Approves Rocket Mortgage’s $9.4 billion acquisition of Mr. Cooper Group FHFA approves the first hurdle for Rocket Mortgage’s $9.4 billion acquisition of Mr. Cooper Group. However, FHFA is imposing strict market concentration limits to safeguard the nation’s mortgage system. The agency authorized Fannie Mae and Freddie Mac to approve the deal between […]

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FHFA Approves Rocket Mortgage’s $9.4 Billion Acquisition Of Mr. Cooper Read Post »

hurricane helene victims

Hurricane Helene Victims Get Kicked In The Gut By Mr. Cooper

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Mr. Cooper Is Kicking Hurricane Helene Victims In The Gut By Reneging On Forbearance Agreements Hurricane Helene victims in Florida are trying to rebuild their homes. However, they must fight their new mortgage company while picking up the pieces of their shattered lives. Mortgage servicer, Mr. Cooper is now threatening to take their homes away.

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Hurricane Helene Victims Get Kicked In The Gut By Mr. Cooper Read Post »

Mr. Cooper Was Forced Into Lockdown By Halloween Cyberattack

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Mr. Cooper Was Forced Into Lockdown By Halloween Cyberattack. Hackers May Have Compromised Customer Files A cyber attack has forced Texas-based lender and servicer Mr. Cooper into lockdown last week. The company says the cybersecurity incident happened on Halloween. As a result, the company was forced to lock down certain technology systems. Mr. Cooper also issued

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Mr. Cooper Was Forced Into Lockdown By Halloween Cyberattack Read Post »

mr. cooper mortgage axes 800

Mr. Cooper Mortgage Axes 800 Employees

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Mr. Cooper Mortgage Axes 800 Employees Due To Plummeting Origination Production Mr. Cooper Mortgage has dropped the ax on approximately 800 employees. This is roughly a week after hinting that job cuts were coming. The company had previously reported they were dealing with lower than expected origination production. The company said in a statement: In

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Mr. Cooper Mortgage Axes 800 Employees Read Post »

Mr. Cooper To Issue

Mr. Cooper To Issue $90 Million In Refunds To Settle Foreclosure Lawsuit

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Mr. Cooper  To Issue $90 Million In Refunds To Settle Lawsuit Over Illegal Foreclosures Mr. Cooper to issue $90 million to former customers. The refunds are to settle a lawsuit alleging the nonbank lender committed illegal foreclosures. The nation’s largest nonbank servicer of mortgage loans will pay a civil penalty of more than $6.5 million.

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Mr. Cooper To Issue $90 Million In Refunds To Settle Foreclosure Lawsuit Read Post »

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