The company will change its name in the future to “Mr. Cooper Group” The company does not say when the name change will take place. In the meantime, the company continues to trade on NASDAQ under the symbol “WMIH”. Nationstar`s shares are discounted by the New York Stock Exchange as a result of the agreement. In the context of the closing of the merger, WMIH has also made a series of changes to the company`s board of directors, which goes beyond the installation of Bray as chairman. According to the press release, WMIH will soon change its name to Mr. Cooper Group and change its stock symbol (traded on NASDAQ) from “WMIH” to “COOP”. The Cooper Group (NASDAQ: COOP) offers quality, initiation and transaction services, mainly related to detached houses in the United States, with branches under its main brands: Mr. Cooper® and Xome®. Lord. Cooper is one of the largest mortgage service providers in the country, focused on providing a large number of products, services and technologies for services and credit. Xome offers technology- and data-driven solutions for home buyers, home sellers, real estate agents, and mortgage companies. But now Nationstar and all of its subsidiaries, including Mr.
Cooper, Xome and Champion Mortgage, are part of WMIH. According to the company, William Gallagher, Diane Glossman, Michael Renoff and Michael Willingham have resigned from the WMIH board. The Board of Directors has also appointed to executive positions: Jay Bray (President and Chief Executive Officer), Anthony Ebers (Executive Vice President and Chief Operating Officer), Amar Patel (Executive Vice President and Chief Financial Officer), Mike Rawls (Executive Vice President, Services) and Anthony Villani (Executive Vice President and General Counsel). Connecticut Law Tribune honors lawyers and judges who have made a remarkable difference in the Connecticut Bar. Robert Storace reports on legal trends, complaints, and analysis for the Connecticut Law Tribune. Follow him on Twitter @RobertSCTLaw or reach him at 203-437-5950. *Can you exclude premium content Do you already have an account? The companies have not disclosed specific financial details, but the initial announcement of the deal called for the merger as a $3.8 billion deal. “We are pleased to close this merger and begin our next phase of growth as an even stronger company, well positioned to take advantage of housing market trends and strengthen our leadership in the sector,” Bray said in a statement. . .