In a significant move within the U.S. real estate market, Rocket Companies has announced its acquisition of Mr. Cooper Group in an all-stock deal valued at $9.4 billion. This merger, described as a bombshell in the mortgage industry, will unite two of the largest players: Rocket, the nation’s largest lender, and Mr. Cooper, America’s largest loan servicer. The deal is expected to create the strongest mortgage company in the industry, managing one in six U.S. mortgages. Following the announcement, shares of Mr. Cooper soared, although Rocket’s stock faced some decline as investors reacted to the news.