Mr. Cooper CEO Jay Bray on the challenges and opportunities in acquiring Home Point Capital
Briefly

We can add [them] to our platform without a lot of incremental costs, and continue to grow the platform that we've discussed over the years. And so, it just made a lot of sense for us.
And the servicing asset was being subserviced, so they just didn't have a ton of operations [or] people that were supporting that asset. So, it was almost like buying an MSR asset.
Read at www.housingwire.com
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