Market PositionRocket acquisition makes it uncontested heavyweight in servicing, resets bar for stock valuations connected to achieving scale.
Revenue GrowthThe deal is expected to generate approximately $100M in additional pre-tax revenue from higher recapture rates, as well as attaching RKT’s title, closing, and appraisal services to COOP’s existing mortgage originations.
SynergiesThe COOP deal supports at least $500 million of expected synergies, including $100 million of revenue synergies from achieving a stronger recapture rate.