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Announced

Completed

Mr. Cooper completed the acquisition of Home Point Capital for $324m.

Synopsis

Mr. Cooper, a customer-centric servicing, origination and transaction-based services provider, completed the acquisition of Home Point Capital, a residential mortgage servicing company, for $324m. "This acquisition adds scale to our platform, bringing us closer to our $1tn strategic target, while enhancing returns due to attractive yields and positive operating leverage," Jay Bray, Mr. Cooper Chairman and CEO.

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