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Mr. Cooper Picks Up Flagstar Resi Mortgage Unit For $1.4B

By Grace Dixon ( July 25, 2024, 6:35 PM EDT) -- Flagstar Bank NA announced Thursday that it has inked a $1.4 billion deal to sell its residential mortgage servicing business to nonbank mortgage originator Mr. Cooper, as Flagstar and parent New York Community Bancorp eye a turnaround....

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