US EditionWhy is Rocket buying Mr. Cooper in a real estate mega deal?
- On March 31, 2025, Rocket Companies declared its acquisition agreement with Mr. Cooper Group in an all-stock deal.
- Rocket's acquisition of Mr. Cooper will create a business impacting one in six U.S. Mortgages.
- Rocket will acquire nearly 7 million more clients and integrate originations with Mr. Cooper's servicing platform.
- Jay Bray, Mr. Cooper Group's Chairman and CEO, stated combining the companies will create the strongest mortgage company.
- The combined company anticipates about $500 million in yearly revenue and cost benefits after the deal closes in Q4 2025.
114 Articles
114 Articles
Rocket makes $11 billion bid to dominate the homebuying process
In the span of just three weeks, Rocket Cos. has thrown around more than $11 billion in a bid to reshape the way Americans buy, sell and finance their homes. The goal: make everything run through Rocket, from start to finish. In Rocket’s vision of the housing market, buyers and sellers will connect through Redfin Corp., the home-search platform it agreed to purchase for $1.75 billion earlier this month. Then homebuyers in need of a mortgage will…
Why is Rocket buying Mr. Cooper in a real estate mega deal?
(NewsNation) — Mr. Cooper, the largest home loan servicer in the U.S., is being bought by mortgage company Rocket in an all-stock deal valued at $9.4 billion. The acquisition will create a business representing one in every six mortgages in the United States and give Rocket almost 7 million additional clients, Rocket Companies said Monday. "By combining Mr. Cooper and Rocket, we will form the strongest mortgage company in the industry, offering …
Rocket Wants to Be the 'Strongest Mortgage Company in the Industry' With Its Latest Acquisition Worth Billions
Rocket is acquiring Mr. Cooper in an all-stock transaction for $9.4 billion in equity value. Earlier this month Rocket acquired Redfin for $1.75 billion.
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