Mr. Cooper profit rises with Rocket deal in focus

Mr. Cooper Group on Tuesday recorded mixed earnings for the second quarter that fell short of matching year-ago results and consensus estimates but were considerably stronger than the bottom line in the previous fiscal period. Servicing, including a $30 million mark net of hedges, was the key driver of the second-quarter’s  $198 million profit. That […]

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Synergy One joins Figure’s Democratized Prime as flagship institutional client

Figure Technology Solutions, a technology platform powering a liquid, blockchain-based marketplace for financial products, announced on Wednesday that Synergy One Lending is the first institutional client to fund through its Democratized Prime platform. Democratized Prime — and specifically, its home equity line of credit (HELOC) pool — is Figure’s decentralized marketplace that operates as a

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