Rocket Companies to acquire Mr. Cooper for $9.4bn.

Rocket Companies, the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, agreed to acquire Mr. Cooper, a home loan servicer headquartered based in Dallas, Texas, for $9.4bn. Rocket will bring together the homeownership experience at scale with the acquisitions of Mr. Cooper and Redfin. This allows Rocket to accelerate its AI-powered platform and remove the friction and complexities plaguing today's homebuying process.