Mr. cooper announces sale of reverse servicing portfolio

Dallas--(business wire)--mr. cooper group inc. (“mr. cooper” or “the company”) announced today that it has entered into a definitive agreement for the sale of its reverse servicing portfolio, operating under the champion mortgage brand, to mortgage assets management, llc and its affiliates (“mam”). upon the close of the transaction, which is subject to regulatory approvals and other closing conditions and is expected prior to year end, mam and its affiliates will assume champion's reverse portf
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