Rocket Mortgage Expands Ambitions with $9.4 Billion Acquisition of Mr. Cooper
16 days ago
In a significant move indicating their expansion strategy within the mortgage sector, Rocket Companies has announced its plan to acquire mortgage servicing giant Mr. Cooper Group Inc. The deal, valued at approximately $9.4 billion, reflects Rocket’s commitment to broadening its service offerings and enhancing its market presence in a competitive landscape.
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Bank of America Expands Its Footprint: Acquires $9 Billion Jumbo Mortgage Portfolio from TD
2 months ago
In a strategic move that marks a significant expansion in the mortgage sector, Bank of America has announced its decision to acquire a jumbo mortgage portfolio valued at $9 billion from TD Bank. This acquisition reflects Bank of America's commitment to enhancing its mortgage services and capturing a larger share of the lucrative high-end lending market.
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