Ohio-based Union Home Mortgage Corp. (UHM) has reached an agreement to acquire assets of California-based Sierra Pacific Mortgage Co., sources told HousingWire.
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be redirected to Redfin’s platform, which will serve as Rocket’s primary home search tool.