secwatch.observer — SEC 8-K summary
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Issuer:     Maverick Merger Sub 2, LLC (—)
CIK:        0000933136
Form:       8-K/A
Filed at:   2025-01-16T23:59:59+00:00
Accession:  0001171843-25-000270
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Mr. Cooper completes $1.3B acquisition of Flagstar mortgage servicing & origination business
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- Acquired assets include MSRs valued at $1.11B (Dec 2023), advances, and origination operations.
- Acquired business generated $434M revenue and $83M net revenue after expenses in FY2023.
- For nine months ended Sep 2024, revenue was $296M and net revenue $39M.
- Deal closed Oct 31, 2024; this amendment files required financial statements only.
- Purchase price of ~$1.3B cash, funded by Nationstar Mortgage LLC (Mr. Cooper subsidiary).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933136/000117184325000270/0001171843-25-000270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933136/000117184325000270/f8ka_011625.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000270

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