Mr. Cooper completed the acquisition of residential mortgage servicing platform from Rushmore.

Mr. Cooper, a home loan service, completed the acquisition of residential mortgage servicing platform from Rushmore, a multi-faceted financial services. Financial terms were not disclosed. "During the past several months of discussions with Mr. Cooper's outstanding leadership team, I have become increasingly impressed with the strength and breadth of their platform and believe this combination provides a unique opportunity to take our operations to the next level. Our combined entity will provide an unparalleled offering to a broader base of clients and customers," Terry Smith, Rushmore CEO.