Rocket to buy Mr. Cooper in $9.4B mega US real-estate deal

Better home inventory and recent declines in long-term bond yields are bringing back potential buyers to the housing market after years of struggle due to high interest rates and prices. Earlier this month, Rocket acquired real estate listing firm Redfin in an all-stock deal valued at $1.75 billion. Rocket Cos. said Monday it would buy home loan service provider Mr. Cooper Group for$9.4 billion, boosting its mortgages business in its second big deal this month to take advantage of a rebound in U.S. housing ...