Full-Time
Posted on 5/9/2026
Mortgage origination and servicing provider
No salary listed
Chennai, Tamil Nadu, India + 1 more
More locations: Bengaluru, Karnataka, India
In Person
Mr. Cooper provides home loan services in the United States by originating and servicing mortgages, including conventional, FHA, and VA loans, as well as refinancing. A loan is funded for a borrower and then serviced over its life, with Mr. Cooper handling payments, escrow, and customer service, earning both origination and servicing fees. It differentiates itself by offering both origination and ongoing servicing at scale, plus personalized support and financial education across multiple loan types. Its goal is to make homeownership accessible and manageable through comprehensive mortgage services and a strong national presence.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Texas
Founded
1994
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Health Insurance
Remote Work Options
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Mental Health Support
Gym Membership
Conference Attendance Budget
Professional Development Budget
Stock Options
Company Equity
Phone/Internet Stipend
Home Office Stipend
Flexible Work Hours
Paid Vacation
Paid Holidays
PTO
Family Planning Benefits
Fertility Treatment Support
Rocket reduced its workforce after acquiring Mr. Cooper for $14.2 billion in October, 51% higher than its March valuation. The acquisition led to overlapping roles, prompting layoffs to streamline operations. Rocket also acquired Redfin for $1.75 billion and implemented a 2% layoff in July. Affected employees receive severance, including 12 weeks' pay and benefits for up to 12 months. Roles in recruiting and business program management were notably impacted.
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper” or the “Company”) today announced that at a special meeting of Company stockholders held earlier today, it...
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.