Mr. Cooper Group buys IBM's Seterus mortgage servicing platform

Mr. Cooper Group buys IBM's Seterus mortgage servicing platform
Mr. Cooper Group purchased IBM’s Seterus mortgage servicing platform in a deal announced Thursday, which includes $24 billion in GSE mortgages and a subservicing contract for $24 billion. Mr. Cooper Group Chairman and CEO Jay Bray said the deal “is consistent with our outlook for profitability targets and portfolio growth.”
Source: https://www.housingwire.com/rss