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Mr. Cooper and Rocket Companies' merger could reshape the US mortgage landscape.
ByAinvest
Thursday, Jul 3, 2025 9:37 am ET1min read
Mr. Cooper Group Inc. (COOP) and Rocket Companies Inc. (RKT) have progressed their merger, awaiting shareholder consent and regulatory clearances. The deal, expected to close in Q4 2025, combines Rocket's origination scale and technology with Mr. Cooper's servicing platform, forming the strongest mortgage company in the industry. The merged entity will service $2.1 trillion in loans across nearly 10 million clients, with estimated $500 million in annual run-rate synergies.
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