Mortgage News

Rocket Mortgage just spent $9.4 Billion

April 1, 2025

Share

Crowd-Sourcing ideas and solutions with other LOs

join MortgageShots PODS

Click HERE

Rocket Mortgage is acquiring Mr. Cooper Group in a $9.4 billion all-stock deal, creating a mortgage giant handling 1 in 6 U.S. mortgages. While this move strengthens Rocket’s long-term position, concerns over rising mortgage fraud could lead to major industry repercussions. Will this deal prove to be a smart play—or a ticking time bomb?