Jay Bray Now CEO of Rocket Mortgage as Rocket Closes $14.2B Mr. Cooper Acquisition

October 1, 2025

HousingWire, Oct. 1, 2025-Flávia Furlan Nunes
Rocket Companies has completed all steps necessary to acquire Mr. Cooper Group for $14.2 billion, paying 51% more than the valuation announced in March, the company said Wednesday. As part of the deal, Mr. Cooper will be rebranded under the Rocket umbrella, and its CEO, Jay Bray, will become president and CEO of subsidiary Rocket Mortgage.
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