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Mr. Cooper acquires Pacific Union Financial - HousingWire » Mr. Cooper, the nonbank formerly known as Nationstar Mortgage, has now finalized its acquisition of Pacific Union Financial, a deal that was first reported by HousingWire in November. At the time, Mr. Cooper said that it planned on closing on the Pacific Union acquisition in “early 2019.” HousingWire can now report that the acquisition has been finalized. Housingwire.com

Statement by CFPB Acting Director Dave Uejio on Mr. Cooper Unauthorized Withdrawals | Consumer Financial Protection Bureau » Today Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio issued the following statement in response to unauthorized withdrawals made by a mortgage servicer, Mr. Cooper. Consumerfinance.gov

Perspective | Nationstar Mortgage agrees to a $91 million settlement for mishandling foreclosures and borrowers’ payments » Nationstar Mortgage, which does business as “Mr. Cooper,” agreed to a settlement with federal and state agencies that totals more than $91 million. Washingtonpost.com

Jeff Cooper » Jeff Cooper joined DCHFA in 2017 and brings 20 years of experience in asset management, acquisitions, risk management and real estate investment strategy. As Senior Vice President of Portfolio and Asset Management (PAM), Mr. Cooper is responsible for managing a team of real estate professionals in asset management, construction management and compliance. Jeff’s portfolio experiences total well over $6 billion, with a default ratio of less than .25%.   Prior to his current role, Mr. Cooper served as the Vice President, PAM at DCHFA. Before joining the Agency, he served as Chief of Asset Management for Howard County Housing Commission (HCHC), where he was instrumental in acquisitions, increasing cashflow across the HCHC portfolio, improving asset sustainability and played a key role in negotiating favorable renovation contracts. Mr. Cooper also served as Vice President for Wachovia Multifamily Cap., Inc. where he managed Fannie Mae/Freddie Mac secured assets across the U.S. He received special recognit Dchfa.org

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