M&A Deal Summary |
|
|---|---|
| Date | 2025-01-16 |
| Target | A&D Mortgage - Wholesale Mortgage Origination Business |
| Sector | Financial Services |
| Buyer(s) | A&D Mortgage |
| Sellers(s) | Mr. Cooper Group |
| Deal Type | Divestiture |
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A&D Mortgage specializes in various loan programs, including conventional, non-QM (Non-Qualified Mortgage), FHA, and DSCR (Debt Service Coverage Ratio) loans. A&D Mortgage is based in Hollywood, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Financial Services |
| Employees | 7,900 |
| Revenue | 3.0B USD (2024) |
Mr. Cooper Group is a provider of quality servicing, origination, and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper Group was founded in 2015 and is based in Coppell, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-01 |
Flagstar Bank - Mortgage Serving Business
Troy, Michigan, United States Flagstar Bank’s mortgage operations include acquisition of MSRs, advances, subservicing contracts, and Flagstar’s third-party origination platform. |
Buy | $1.3B |