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.What is Mr Cooper mortgage?
Mr. Cooper is a standard mortgage lender in that they offer home purchase loans and refinance loans. This has made them a top-20 home loan lender in the nation.Who is Mr Cooper?
Mr. Cooper is the largest nonbank home loan servicer in the U.S. (and the third largest overall), as well as a top 15 loan originator. Headquartered in Dallas, Mr. Cooper serves 3.8 million customers. The company, which was formerly known as Nationstar Mortgage, has been in business since 1994.