What’s the rationale behind the Mr. Cooper-Flagstar deal?

If closed as expected, the acquisition of Flagstar Bank‘s servicing businesses has the potential to make the mortgage servicing rights (MSR) portfolios of Mr. Cooper Group reach the $1.56 trillion mark in unpaid principal balance (UPB), consolidating the company into the top mortgage servicer in the country.  Mr. Cooper executives…

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Legal Briefs: News from Around NH

Austin Mikolaities Austin M. Mikolaities joins Shaheen & Gordon Shaheen & Gordon, P.A. has welcomed attorney Austin M. Mikolaities to the firm’s business law and real estate groups, based out of the firm’s Dover office. Mikolaities’ practice focuses on complex corporate transactions, including purchase and sales, mergers and acquisitions, 1031…

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