Shares of Mr. Cooper Group jumped nearly 25% in premarket trading Monday on news that mortgage lending giant Rocket Companies plans to acquire the loan servicer for $9.4 billion in stock.

Home values have steadily increasing over the past few years, resulting in records amount of home equity. Homeowners in need ...

Following the acquisition, the ratings of Rocket Mortgage LLC, Mr. Cooper Group, Inc., and its subsidiaries Nationstar Mortgage Holdings Inc. and Nationstar Mortgage LLC are expected to be equalized ...

Rocket Companies has agreed to buy Mr Cooper for $9.4bn, in a deal that will create a US mortgage giant at an uncertain time for the US real estate market. The all-stock transaction will put fintech ...