Rocket Buying Mr. Cooper in All-Stock $9.4B Deal
The mortgage company Rocket is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin.
Mortgage Layoffs in Mass.? Some Firms Not Planning on It
The coming months could see more job losses as lenders adjust to the new economic environment. But some Massachusetts lenders don’t see layoffs on their horizon thanks to decisions made when the refinance boom began two years ago.
AG’s Office Reaches $1M Settlement With Loan Servicer
A national mortgage servicing company will pay nearly $1 million to Massachusetts residents to settle allegations related to its handling of requests to modify loans and avoid foreclosure.
Massachusetts Residents Receive $2M in Mr. Cooper Settlement
More than 1,000 Massachusetts homeowners will receive a total of $2 million as part of a nationwide settlement with Texas-based Nationstar Mortgage.
AG’s Office Announces Settlement with Nationstar Mortgage
Attorney General Maura Healey has secured millions of dollars in relief for hundreds of Massachusetts residents in a settlement with a national mortgage servicer over its failure to help homeowners avoid foreclosure.
