Rocket + Redfin + Mr. Cooper = First in Class
- R. Christopher Whalen
- Apr 1
- 5 min read
April 1, 2025 | Premium Service | With the surprise announcement of the purchase of Mr. Cooper (COOP) by Rocket Companies (RKT), our earlier predictions of accelerating consolidation in the residential mortgage sector have been fulfilled and then some. Combined with the purchase of Redfin (RDFN) only days before, RKT has deployed its currency, financial power and reputation to up the ante on mortgage industry consolidation. Who are the winners and losers in this stunning escalation of the race to dominate mortgage?
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