COOP - Mr. Cooper Group to sell Xome Valuations
Mr. Cooper Group (NASDAQ:COOP) to sell its Xome Valuations business to Voxtur Analytics. Closing expected in Q3 2021. Consideration for sale is not material. Chairman and CEO Jay Bray comments: "This transaction is another example of how we are rationalizing and simplifying to focus on our core businesses, where we see tremendous opportunity for growth. We are thankful to the Valuations team for their contributions to the organization, and we will work closely with Voxtur to ensure a smooth transition for our team members and clients.” Also read, 'Number of mortgage forbearances edges up in past week: Black Knight'
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Mr. Cooper Group to sell Xome Valuations