Rocket announced a $9.4 billion all-stock acquisition of Mr. Cooper, the largest U.S. mortgage servicer. The FHFA approved the deal with safeguards, including a 20% concentration cap for Fannie and Freddie to protect the housing market. The acquisition will give Rocket a $2.1 trillion servicing portfolio, covering nearly 10 million customers. Rocket is also pursuing a $1.75 billion acquisition of Redfin and is the third-largest mortgage lender with $46.8 billion in originations in H1 2025.

Richard Cooper and Cardinal Couriers Ltd. filed an Early Warning Report for acquiring shares of PUDO Inc. On March 1, 2023, Cardinal acquired 1,489,314 shares via an amalgamation, increasing its stake to 14.5%. On March 7, 2025, PUDO settled debt with Cardinal by issuing 1,877,511 shares, raising Cardinal's stake to 17.6%. Cooper's total holdings rose to 19.1%. The Acquirors may adjust their holdings based on market conditions. The report is available on SEDAR+.

Rocket Companies is acquiring Mr. Cooper, the largest mortgage servicer in the U.S., for $9.4 billion. This deal will expand Rocket's servicing portfolio to $2.1 trillion, covering nearly 10 million customers, or about one in six U.S. mortgages. Additionally, Rocket is acquiring Redfin for $1.75 billion. CEO Varun Krishna aims to leverage data and AI to enhance customer relationships and solidify Rocket's position in the homeownership market.