Hunton Andrews Kurth LLP represented Flagstar Bank, N.A., the bank subsidiary of New York Community Bancorp, Inc. (NYSE: NYCB), in a definitive agreement to sell its residential mortgage servicing business, including mortgage servicing rights and the third-party origination platform, to Mr. Cooper (NASDAQ: COOP), a leading non-bank mortgage originator and servicer for approximately $1.4 billion.
The firm represented Flagstar Bank in a definitive agreement to sell its residential mortgage servicing business for approximately $1.4 billion.
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