Mr. Cooper to issue $750M in debt following M&A deal with Flagstar
Housing Wire
JULY 30, 2024
On Monday, the mortgage lender and servicer said that its debt offering to qualified investors through subsidiary Nationstar Mortgage Holdings will bear an annual interest rate of 6.5% The transaction will bring $356 billion in mortgage servicing rights, advances and subservicing contracts, along with 1.3 that is payable semiannually.
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