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Mr. Cooper CEO Jay Bray on the challenges and opportunities in acquiring Home Point Capital

The recently completed $300 million-plus acquisition of Home Point Capital by Mr. Cooper provided an attractive opportunity to bolster the company’s existing mortgage servicing rights (MSR) portfolio, and it’s expected to boost the company’s bottom line within the next couple of quarters.

This is according to Jay Bray, CEO of Mr. Cooper, in an interview on HousingWire’s Housing News podcast hosted by HW Media CEO Clayton Collins.

“We’ve known the management team [at HomePoint] well, [and] we’ve talked to them over the years about different strategic options,” Bray said. “As we entered the year, we felt like details ⇒

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