Mr. Cooper to Acquire Flagstar’s Servicing and TPO Businesses for $1.4B in Cash

July 29, 2024

HousingWire, July 25, 2024-Flávia Furlan Nunes and James Kleimann
Mr. Cooper Group has struck a deal to acquire a third-party origination (TPO) platform and $356 billion in mortgage servicing rights (MSRs), advances and subservicing contracts from Flagstar Bank, owned by New York Community Bancorp (NYCB).
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