Mr. cooper completes acquisition of home point

Dallas--(business wire)--mr. cooper group inc. (“mr. cooper”) announced today that it has successfully acquired home point capital inc. (“home point”). mr. cooper's chairman and ceo jay bray commented, “this acquisition adds scale to our platform, bringing us closer to our $1 trillion strategic target, while enhancing returns due to attractive yields and positive operating leverage.” vice chairman and president chris marshall added, “the transaction includes the assumption of $500 million in bo.
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