COOP News and Press, Mr. Cooper Group Inc. From 04/05/21

Sharp rises in home prices and interest rates have pushed home affordability to its lowest point since mid-2019, according to Black Knight's Mortgage Monitor."Our repeat sales-based Black Knight Home Price Index shows February's annual price appreciation at 11.6%, the fastest growth rate in m...

The number of home mortgages in active forbearance drops by 33K in the week ended March 30, making it the fifth straight week of declines and the longest stretch since September, according to Black Knight's McDash Flash Forbearance Tracker.That brings the number of active plans down by 172K i...

Nationally, 60.9% of home offers written by Redfin agents are getting a competing bid, up from 59.3% in January, and the 10th straight month in which more than half of their offers encountered competition, according to a recent Redfin report.Low mortgage rates and a pandemic moving spree have...

The number of mortgages in active forbearance plans, fell by 19K, reducing the number of active plans down by 135K over the past month — a 5% reduction, according to Black Knight's McDash Flash Forbearance Tracker.That percentage decline represents the strongest rate of improvement sin...

The average 30-year mortgage rate of 3.17%, its highest in nine months, is reducing the number of high-quality refinance candidates down to 11.1M, its lowest level since a year ago, according to mortgage technology and data provider Black Knight.On average, those mortgage holders who could be...

Mr. Cooper (COOP) stock gains 3.4% in premarket trading after agreeing to sell its Title365 title business to Blend Labs for $500M."This decision allows Mr. Cooper Group to focus on the growth and profitability potential within our core business of servicing and originations," said Mr. C...

Blend to Acquire Title365 from Mr. Cooper Group Combined Companies Aim to Power the Entire Homebuying Journey, Including Title, Settlement, and Closing, Through Blend's Cloud-Based Platform PR Newswire SAN FRANCISCO , March 15, 2021 /PRNewswire/ -- Blend ...

Today Mr. Cooper Group Inc. (“Mr. Cooper Group”) announced the signing of a definitive agreement to sell its title business, which operates under the brand name Title365, to Blend Labs, Inc. for $500 million, consisting of $450 million in cash and a retained interest of 9....

The number of mortgages in active forbearance plans fell by 77K, or by 2.9%, from a week earlier, marking its biggest weekly decline since early January, according to the Black Knight's McDash Flash Forbearance Tracker.As of March 9, 2.6M homeowners are still in forbearance, or 4.9% of all ho...

The number of mortgages in active forbearance falls by 22K in the past week, driven by month-end plan expirations, according to Black Knight's McDash Flash Mortgage Forbearance Tracker.Additional review/removal activity may occur in the next week, as 100K forbearance plans remain listed with ...