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Mr Cooper mortgage business is an experienced company that has operated more than 2 decades. For all those years of dedication, Mr Cooper has always grown and developed the services from the name of their satisfaction of customers.How much does Mr Cooper pay?
In December 2020, Mr. Cooper agreed to pay a $91 million settlement for allegedly violating consumer protection laws between 2012 and 2015.Is Mr Cooper mortgage Nationstar?
Nationstar Mortgage is now officially Mr. Cooper. Nationstar’s massive rebranding, which HousingWire first reported back in December 2015, became official on Monday morning, with the nonbank dropping the Nationstar name and becoming Mr. Cooper.Why does my mortgage keep getting sold?
There are basically two main reasons why a lender might sell your mortgage. The first has to do with capital. When a loan gets sold, the lender has basically sold servicing rights to the loan, which clears up credit lines and enables the lender to lend money to the other borrowers.