Rocket Companies set to acquire Mr. Cooper Group Inc. for $9.4B
“Rocket is one of the largest lenders in the U.S. (the second by originations, according to the latest data available from 2023) and Mr. Cooper is the largest mortgage servicer in the country. The move comes just a few weeks after Rocket announced that it would be acquiring Redfin for $1.75 billion in equity.”
There is an interesting story on how this touches organized real estate. Mr. Cooper owns Xome, Xome does MLS data aggregation for its site and clients such as ICE (formerly Black Knight). ICE is the main MLS data aggregator for Realtor Property Resource (RPR). Who had that on their bingo card?