Tag Archives: Jay Bray

In a deal for $324 million in cash, the acquisition of Home Point’s $84 billion servicing portfolio is expected to contribute to Mr. Cooper’s return on equity, with estimated 10% accretion to operating earnings within the first year.

Kurt Johnson has been named CFO of the mortgage servicer as Jaime Gow transitions from CFO to Strategic Advisor. In addition, Christine Paxton has been named EVP and Chief Risk and Compliance Officer.

Led by the recent deal with Sagent, nationwide mortgage servicer reported net Q1 profits exceeding $650 million.

Mr. Cooper Group Inc. announced April 1 that it has completed its previously-announced agreement with Sagent Lending Technologies.  The deal, which was announced in February, allows Sagent to buy certain intellectual property rights related to Mr. Cooper’s proprietary, cloud-based technology platform ...

Multi-year deal will integrate Mr. Cooper’s software platform into Sagent to accelerate the modernization of America’s top banks and lenders.

For the third straight year, mortgage loan servicer is honored for its strong leadership and its emphasis on diversity, equity, and inclusion.

In a move to place more of a focus on its core business, Mr. Cooper has sold off its valuations division, after a solid second quarter.

Mortgage servicer unloads its Champion Mortgage portfolio to Mortgage Assets Management in order to focus on its core origination and servicing segments.

DEI leader Leonard McLaughlin tapped to advance inclusion efforts within Mr. Cooper in new role.

New partnership seeks to further push the mortgage process to an all-digital transaction through new artificial intelligence and cloud-based services.