The mortgage company is cutting more than a third of the workforce in its Madison Heights, Mich., office
Eligible customers will receive up to $3,000 in homeownership grants
The new cuts are on top of the 950 jobs already slashed after the bank announced its exit from the mortgage business
The combined company expects to change its name to Mr. Cooper Group Inc.
Buyers in the hottest markets became choosy as much-needed inventory arrived
He succeeds founder Kevin Stitt, who will remain on as chairman
The new platform will make originators "social marketing experts," says CEO
Refi apps took a bigger share of overall activity