FHA allows Fannie Mae, Freddie Mac to approve Rocket Cos.-Mr. Cooper deal

3 hours ago 1
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The U.S. Federal Housing Finance Agency allowed government-sponsored enterprises ((GSEs)) Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) to approve Rocket Companies' (NYSE:RKT) proposed acquisition of mortgage servicer Mr. Cooper Group (NASDAQ:COOP).

The FHFA, which oversees the two mortgage giants, said its staff

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