Mr Cooper Group Inc (COOP)

[Royal Dude]

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Item 8.01
Other Events

On July 27, 2023, Home Point Financial Corporation (“HPF”), a wholly owned subsidiary of Home Point Capital Inc., completed the sale of certain mortgage servicing rights held by HPF to Nationstar Mortgage LLC (“MSR Purchaser”), a Delaware limited liability company and a wholly owned subsidiary of Mr. Cooper Group Inc. (“Mr. Cooper”), a Delaware corporation, pursuant to that certain Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights, dated as of May 10, 2023, by and among HPF, MSR Purchaser and, solely for the purposes set forth therein, Mr. Cooper.

https://www.sec.gov/Archives/edgar/data/1830197/000114036123036645/brhc20056610_8k.htm

“On July 27, 2023, MSR Purchaser and MSR Seller consummated the MSR Purchase.”

https://www.sec.gov/Archives/edgar/data/933136/000119312523196920/d541088dsctota.htm

“As of July 27, 2023, each of the aforementioned federal agencies, state regulatory agencies, or government-sponsored enterprises has received notice regarding the transaction. Each of the aforementioned state regulatory agencies other than the state mortgage regulator in New York has given confirmations or approvals sufficient to satisfy the applicable closing condition. The state mortgage regulator in New York has indicated that it will accept the surrender of Home Point’s applicable licenses in lieu of a formal change of control approval, and Mr. Cooper and Home Point plan to seek to arrange for such surrender prior to the final Expiration Date of the Offer. In addition, the consents of the Federal Home Loan Mortgage Corporation and the Government National Mortgage Association for the contemplated transaction have been received.”

https://www.sec.gov/Archives/edgar/data/933136/000119312523196920/d541088dsctota.htm