The company aims to leverage its expected 6.6 million clients and holds great potential for increased origination volume as rates drop below 6%.
Mr. Cooper's acquisition of Flagstar will reportedly enhance its scale, positioning it as the top servicer and allowing it to tap into a well-connected subservicing network.
Stan Middleman emphasized the strength of current credit conditions, stating that Freedom Mortgage's access to capital markets allows them to aggressively acquire customers for lasting relationships.
The refinancing recapture rate of 72.5% for Mr. Cooper signifies its effective retention strategy, with expectations to add significant volume when interest rates decline.
#mortgage-industry #client-retention #acquisition-strategy #mortgage-servicing-rights #financial-performance
[
Collection
]
[
|
...
]