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April 1, 2025

Rocket buying Mr. Cooper for $9.4B

DETROIT (AP) — Mortgage company Rocket Cos. is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin.

Rocket said Monday that bringing Mr. Cooper Group Inc. into the fold will create a business representing one in every six mortgages in the United States.


 
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