secwatch.observer — SEC 8-K summary
======================================

Issuer:     Maverick Merger Sub 2, LLC (—)
CIK:        0000933136
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001171843-24-006036
Event type: m_and_a
Sentiment:  positive
Materiality: 0.50
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mr. Cooper closes $1.3B cash acquisition of Flagstar's mortgage operations
--------------------------------------------------------------------------

- Acquired MSRs, advances, subservicing contracts, and third-party origination platform for $1.3 billion in cash.
- Transaction closed Oct 31, 2024; integration onto Mr. Cooper's platform expected in early 2025.
- Mr. Cooper now serves more than 6 million customers post-acquisition.
- Flagstar is a wholly owned subsidiary of Flagstar Financial, Inc.; legal advisor: Wachtell, Lipton, Rosen & Katz.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933136/000117184324006036/0001171843-24-006036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933136/000117184324006036/f8k_110624.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-006036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer