Texas-based residential loan services provider Mr Cooper Group (COOP) has signed an agreement to sell its Xome Valuations business to Canada-based real estate technology firm Voxtur Analytics for around $15 million. The sale is expected to be completed in the third quarter of 2021. Mr Cooper offers servicing, origination and transaction-based home loan services under the brands Xome and Mr Cooper. (See Mr Cooper stock chart on TipRanks) The Chairman and CEO of Mr. Cooper, Jay Bray, said, “This transaction is another example of how we are rationalizing and simplifying to focus on our core businesses, where we see tremendous opportunity for growth.
https://www.tipranks.com/news/mr-cooper-to-sell-xome-valuations-business-for-15m?utm_source=advfn.com&utm_medium=referral
Mr Cooper (NASDAQ:COOP)
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