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Mr. Cooper acquires Flagstar Bank mortgage operations in billion-dollar deal

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Mergers & Acquistions
Friday, July 26, 2024
Mr. Cooper Group Inc. announced plans to acquire Flagstar Bank’s mortgage operations in a transaction expected to add approximately 1.3 million customers and $356 billion in unpaid loan balances to the company’s portfolio. Read on to learn the total value of the transaction and what it will mean for both companies.

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