Mr Cooper Group Inc (OQ:COOP)

Apr 04, 2024 11:37 pm ET
Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2024 on April 24, 2024 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration for the cal
Feb 09, 2024 07:00 am ET
Mr. Cooper Group Reports Fourth Quarter 2023 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported fourth quarter income before income tax expense of $69 and net income of $46 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $151 million. Adjustments included other mark-to-market net of hedges of $41 million, $27 million related to the previously disclosed cyber event, and other items shown below in the reconciliation of GAAP and non-GAAP results.
Jan 29, 2024 06:02 pm ET
Mr. Cooper Group Inc. Announces Pricing of Offering of $1 Billion of Senior Notes
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”), of $1,000,000,000 7.125% Senior Notes due 2032 (the “Notes”). The Notes will bear interest at 7.125% per annum and will mature on February 1, 2032. Interest on the Notes will be payable semi-annually on February 1 and August 1 of each year, beginning on August 1, 2024.
Jan 11, 2024 04:55 pm ET
Mr. Cooper Group Inc. to Discuss Fourth Quarter 2023 Financial Results on February 9, 2024
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter 2023 on February 9, 2024 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration for the cal
Jan 09, 2024 04:00 pm ET
Mr. Cooper Group Appoints Mike Weinbach as President
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Mike Weinbach as President, effective February 1, 2024, with responsibility for leading the Company’s operations, including Originations, Servicing and Technology.
Oct 25, 2023 07:00 am ET
Mr. Cooper Group Reports Third Quarter 2023 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”) reported third quarter net income of $275 million. Excluding other mark-to-market and certain other items, pretax operating income was $249 million, which benefitted from a $67 million gain from the collapse of a securitization trust. Excluding that gain, operating return on equity was 13.8% in the quarter. Other mark to market adjustment was $61 million, and other items included a $96 million preliminary bargain purchase gain related to the Home Point Capital Acquisition, a $39 million loss associated with equity investments primarily relat
Oct 16, 2023 09:00 am ET
Xome Introduces Virtual Auction Game
Xome®, a leading real estate marketplace, today announced the launch of Xome Auction Simulator™, a game which allows users to learn and experience the thrill of online real estate auctions. Through this gamified simulation, novice investors can get more comfortable with the process of finding and evaluating propert
Oct 04, 2023 09:09 am ET
Mr. Cooper Group Inc. to Discuss Third Quarter 2023 Financial Results on October 25, 2023
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2023 on October 25, 2023 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration for the call
Aug 31, 2023 04:15 pm ET
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, Chris Marshall, Vice Chairman and President, and Kurt Johnson, Executive Vice President and Chief Financial Officer, are scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 12, 2023 at 9:45 A.M. Eastern Time as part of a fireside chat.
Aug 01, 2023 08:44 am ET
Mr. Cooper Completes Acquisition of Home Point
Mr. Cooper’s Chairman and CEO Jay Bray commented, “This acquisition adds scale to our platform, bringing us closer to our $1 trillion strategic target, while enhancing returns due to attractive yields and positive operating leverage.”
Aug 01, 2023 08:44 am ET
Mr. Cooper Completes Acquisition of Roosevelt Management Company and Affiliated Companies
Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has completed its acquisition of the investment management firm, Roosevelt Management Company, LLC (“Roosevelt”) and its affiliated subsidiaries. This acquisition, which includes a registered investment advisor and licensed MSR owner, positions Mr. Cooper to move forward with its MSR-related asset management strategy.
Jul 26, 2023 07:00 am ET
Mr. Cooper Group Reports Second Quarter 2023 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a second quarter net income of $142 million or $2.07 per diluted share. Net income included other mark-to-market of $61 million, which excludes fair value of excess spread accretion of $2 million. Excluding other mark-to-market and other items, the Company reported pretax operating income of $150 million. Other items included $6 million related to Rushmore acquisition deal costs, $1 million charge due to severance, $4 million loss associated with equity investments,
Jul 24, 2023 08:00 am ET
Mr. Cooper Extends Expiration Date of its Tender Offer to Acquire Home Point Capital
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced today that Heisman Merger Sub, Inc. (“Purchaser”), a wholly owned subsidiary of Mr. Cooper, has extended the expiration date of its offer (the “Offer”) to acquire all of the outstanding shares of common stock of Home Point Capital Inc. (NASDAQ: HMPT) (“Home Point”), par value $0.0000000072 per share (“Shares”), for $2.33 per Share, net to the seller in cash, without interest thereon and subject to any required withholding, pursuant to the Agreement and Plan of Merger, dated as of May 10, 2023, by and among Mr. Cooper, Home Point, an
Jul 06, 2023 08:27 am ET
Mr. Cooper Group Inc. to Discuss Second Quarter 2023 Financial Results on July 26, 2023
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2023 on July 26, 2023 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration for the call i
Jun 28, 2023 08:00 am ET
Mr. Cooper Extends Expiration Date of its Tender Offer to Acquire Home Point Capital
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced today that Heisman Merger Sub, Inc. (“Purchaser”), a wholly owned subsidiary of Mr. Cooper, has extended the expiration date of its offer (the “Offer”) to acquire all of the outstanding shares of common stock of Home Point Capital Inc. (NASDAQ: HMPT) (“Home Point”), par value $0.0000000072 per share (“Shares”), for $2.33 per Share, net to the seller in cash, without interest thereon and subject to any required withholding, pursuant to the Agreement and Plan of Merger, dated as of May 10, 2023, by and among Mr. Cooper, Home Point, an
May 11, 2023 02:50 pm ET
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Home Point Capital Inc.
NEW YORK, May 11, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Home Point Capital Inc. (NASDAQ: HMPT) and its board of directors concerning the proposed acquisition of the company by Mr. Cooper Group Inc. (NASDAQ: COOP). Stockholders will receive $2.33 for each share of Home Point Capital stock that they hold. The transaction is valued at approximately $324 million and is expected to close in the third quarter of 2023.
May 10, 2023 04:30 pm ET
Mr. Cooper Group to Acquire Home Point Capital for $324 Million in Cash
Mr. Cooper Group Inc. (“Mr. Cooper”) and Home Point Capital Inc. (“Home Point”), announced today the signing of a definitive agreement for Mr. Cooper to acquire all outstanding shares of Home Point for approximately $324 million in cash. As part of the transaction, Mr. Cooper will assume $500 million in outstanding Home Point 5% senior notes which are due in February 2026. The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions including receipt of regulatory approvals. Following the onboarding of Home Point customers and the closing of the tr
Apr 26, 2023 12:00 pm ET
Rushmore Reaches Definitive Agreement to Sell Residential Mortgage Servicing Platform to Mr. Cooper Group
Transaction Includes Approximately 250,000 Customers and $37 Billion in Unpaid Principal Balance
Apr 26, 2023 07:00 am ET
Mr. Cooper Group Reports First Quarter 2023 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net income of $37 million or $0.52 per diluted share. Net income included other mark-to-market of $63 million, which excludes fair value of excess spread accretion of $2 million. Excluding other mark-to-market and other items, the Company reported pretax operating income of $110 million. Other items included $1 million charge due to severance and $10 million loss associated with equity investments, and $1 million in intangible amortization.
Apr 05, 2023 08:00 am ET
Mr. Cooper Group Inc. to Discuss First Quarter 2023 Financial Results on April 26, 2023
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2023 on April 26, 2023 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration for the call i
Mar 06, 2023 04:00 pm ET
Mr. Cooper Group Announces Executive Leadership Appointments
Mr. Cooper Group Inc. (NASDAQ: COOP) announced two executive leadership appointments today – the appointment of Kurt Johnson to Chief Financial Officer and Christine Paxton as Executive Vice President and Chief Risk and Compliance Officer.
Feb 22, 2023 04:30 pm ET
Mr. Cooper Group Names Chief Legal Officer
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Carlos M. Pelayo as Executive Vice President and Chief Legal Officer. Pelayo will lead the company’s legal department and corporate governance functions and will serve on the executive leadership team.
Feb 10, 2023 07:00 am ET
Mr. Cooper Group Reports Fourth Quarter 2022 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a fourth quarter net income of $1 million or $0.01 per diluted share. Net income included other mark-to-market of $58 million, which excludes fair value of excess spread accretion of $2 million. Excluding other mark-to-market and other items, the Company reported pretax operating income of $82 million. Other items included $23 million charge due to severance and property consolidation and $10 million loss associated with equity investments, and $1 million loss in in
Jan 20, 2023 06:10 pm ET
Mr. Cooper Group Inc. to Discuss Fourth Quarter 2022 Financial Results on February 10, 2023
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter 2022 on Friday, February 10, 2023 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration fo
Oct 26, 2022 07:00 am ET
Mr. Cooper Group Reports Third Quarter 2022 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a third quarter net income of $113 million or $1.55 per diluted share. Net income included other mark-to-market of $122 million, which excludes fair value of excess spread accretion of $2 million. Excluding other mark-to-market and other items, the Company reported pretax operating income of $56 million. Other items included $18 million loss associated with equity investments, $5 million loss in lease breakage and other charges, and $2 million loss in intangible amo
Oct 05, 2022 08:00 am ET
Mr. Cooper Group Inc. to Discuss Third Quarter 2022 Financial Results on October 26, 2022
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2022 on Wednesday, October, 26, 2022 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration
Oct 04, 2022 04:30 pm ET
Xome Appoints Chief Technology Officer
Xome® announced today it has appointed James Curl as Senior Vice President and Chief Technology Officer. Curl brings more than 15 years of experience leading technology and innovation teams at major organizations such as T-Mobile and Deloitte, where he oversaw large scale digital transformation initiatives.
Sep 07, 2022 09:05 am ET
Mr. Cooper Group is Named one of the Best Workplaces in Financial Services & Insurance by Great Place to Work® and Fortune
Great Place to Work® and Fortune have honored Mr. Cooper Group Inc. (NASDAQ: COOP) as one of the
Aug 31, 2022 08:00 am ET
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, Chris Marshall, Vice Chairman and President, and Jaime Gow, Executive Vice President and Chief Financial Officer, are scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 13, 2022 at 9:00 A.M. Eastern Time as part of a fireside chat.
Jul 27, 2022 07:00 am ET
Mr. Cooper Group Reports Second Quarter 2022 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a second quarter net income of $151 million or $2.03 per diluted share. Net income included an other mark-to-market of $196 million, which excludes fair value of excess spread accretion of $4 million. Excluding other mark-to-market and other items, the Company reported pretax operating income of $17 million. Other items included $3 million in severance charges, $3 million in transaction costs related to the acquisition of our new default servicing business, $1 milli
Jul 08, 2022 04:00 pm ET
Mr. Cooper Group Inc. to Discuss Second Quarter 2022 Financial Results on July 27, 2022
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2022 on Wednesday, July 27, 2022 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration for
Jun 15, 2022 09:02 am ET
Mr. Cooper Group is Named one of the Best Workplaces in Texas™ in 2022 by Great Place to Work® and Fortune Magazine
Great Place to Work and Fortune magazine have honored Mr. Cooper Group as one of this year’s Best Workplaces in Texas.
Jun 01, 2022 09:00 am ET
Xome® Joins with the National Community Stabilization Trust to Expand Access to Affordable Housing
Xome® today announced it has joined with the National Community Stabilization Trust (NCST) to expand access to affordable housing in the U.S. Through the program, eligible mission-driven buyers dedicated to creating more affordable housing will have exclusive first-look access to properties available for sale on Xome.com – helping them identify potential properties for revitalization while keeping the dream of homeownership alive for thousands of American families.
Apr 28, 2022 04:00 pm ET
Mr. Cooper Group Reports First Quarter 2022 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net income of $658 million or $8.59 per diluted share. Net income included other mark-to-market of $552 million, which excludes fair value of excess spread accretion of $1 million. Excluding other mark-to-market and other items, the Company reported pretax operating income of $96 million. Other items included $223 million gain from the Sagent transaction, $3 million in charges related to severance, and $2 million of intangible amortization.
Apr 21, 2022 09:00 am ET
Mr. Cooper Group Announces Executive Promotions
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Jaime Gow as Executive Vice President and Chief Financial Officer.
Apr 11, 2022 05:58 pm ET
Mr. Cooper Group Inc. to Discuss First Quarter 2022 Financial Results on April 28, 2022
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2022 on Thursday, April 28, 2022 at 4:30 P.M. Eastern Time. A copy of the press release and investor presentation will be posted thirty minutes prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-reg
Mar 31, 2022 05:07 pm ET
Mr. Cooper Completes Agreement with Sagent to Create the Mortgage Industry’s First Cloud-Native Servicing Platform
Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has completed its previously-announced agreement with Sagent M&C, LLC, d/b/a Sagent Lending Technologies (“Sagent”). Under the terms of this transaction, Sagent purchased certain intellectual property rights related to Mr. Cooper’s proprietary, cloud-based technology platform for mortgage servicing, and Mr. Cooper has received an equity stake in Sagent and appointed two directors to Sagent’s board. This agreement will leverage Mr. Cooper’s mortgage servicing depth and Sagent’s software innovation speed to create the industry’s first
Feb 11, 2022 07:01 am ET
Mr. Cooper and Sagent Announce Agreement to Create the Mortgage Industry’s First Cloud-Native Servicing Platform
Mr. Cooper Group Inc. (“Mr. Cooper” or “the Company”) and Sagent M&C, LLC (“Sagent”) announced today the execution of a definitive agreement under which Sagent will buy certain intellectual property rights related to Mr. Cooper’s proprietary, cloud-based technology platform for mortgage servicing, and Mr. Cooper will receive an equity stake in Sagent. This agreement will leverage Mr. Cooper’s mortgage servicing depth and Sagent’s software innovation speed to create the industry’s first cloud-native, homeowner-first servicing platform. Mr. Cooper will also become a multi-year customer of Sagent
Feb 11, 2022 07:00 am ET
Mr. Cooper Delivers $1.4 billion GAAP Net Income and 17% Servicing Portfolio Growth for Full-year 2021
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a fourth quarter net income of $155 million or $2.01 per diluted share. The Company reported pretax income of $231 million and pretax operating income of $156 million, which excluded mark-to-market and other items. The mark-to-market adjustment was $46 million in the quarter and other items included $34 million gain from the sale of Xome Field Services, $3 million in charges related to severance and $2 million of intangible amortization.
Feb 10, 2022 04:30 pm ET
Mr. Cooper Group Announces Election of Daniela Jorge to Board of Directors
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Daniela Jorge to its board of directors. Jorge currently serves as Vice President and Chief Design Officer at PayPal, a leading financial technology company and online payments system.
Jan 26, 2022 08:00 am ET
Mr. Cooper Group Inc. to Discuss Fourth Quarter 2021 Financial Results on February 11, 2022
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter 2021 on Friday, February 11, 2022 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration fo
Dec 02, 2021 08:00 am ET
Mr. Cooper Completes Sale of Reverse Servicing Portfolio
Mr. Cooper Group Inc. (“Mr. Cooper Group” or “the Company”) announced today that it has completed the sale of its Reverse servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management, LLC and its affiliates.
Nov 01, 2021 06:15 pm ET
Mr. Cooper Group Inc. Announces Pricing of Offering of $600 Million of Senior Notes
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”), of $600,000,000 5.75% Senior Notes due 2031 (the “Notes”). The Notes will bear interest at 5.75% per annum and will mature on November 15, 2031. Interest on the Notes will be payable semi-annually on May 15 and November 15 of each year, beginning on May 15, 2022.
Oct 28, 2021 07:00 am ET
Mr. Cooper Group Reports Third Quarter 2021 Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a third quarter net income of $299 million or $3.29 per diluted share. The Company reported pretax operating income of $263 million, which excluded mark-to-market and other items. The mark-to-market adjustment was $153 million in the quarter and other items included $7 million gain from the sale of Xome valuations, $4 million in transaction-related costs associated with the Title365 sale, $2 million in charges related to corporate actions, $3 million of intangible a
Oct 07, 2021 05:54 pm ET
Mr. Cooper Group Inc. to Discuss Third Quarter 2021 Financial Results on October 28, 2021
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2021 on Thursday, October 28, 2021 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration fo
Oct 06, 2021 09:00 am ET
Mr. Cooper Group Recognized as a Great Place to Work
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today it is
Sep 20, 2021 09:00 am ET
Mr. Cooper Announces Sale of Xome Field Services
Mr. Cooper Group Inc. (“Mr. Cooper” or “the Company”) announced today that it has entered into a definitive agreement to sell its Xome Field Services unit to Cyprexx Services LLC (“Cyprexx”). The sale is expected to close during the fourth quarter of 2021, subject to customary conditions. The terms of the transaction have not been disclosed, however, the Company does not view the financial impact as significant.
Sep 09, 2021 07:04 pm ET
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, Chris Marshall, Vice Chairman, President and Chief Financial Officer, and Jaime Gow, Deputy Chief Financial Officer, are scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 14, 2021 at 2:00 P.M. Eastern Time as part of a fireside chat.
Sep 01, 2021 04:00 pm ET
Mr. Cooper Group Announces Executive Leadership Promotions
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today two executive promotions as the company continues to drive enhancements to the team member and customer experiences.
Aug 23, 2021 05:12 pm ET
Mr. Cooper Announces Sale of Xome Valuations
Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has entered into a definitive agreement to sell its Xome Valuations business to Voxtur Analytics Corp. (“Voxtur”). The sale is expected to close in the third quarter of 2021, subject to customary conditions. Consideration for the sale is not material.
Jul 29, 2021 07:00 am ET
Mr. Cooper Group Reports Second Quarter 2021 Net Income of $439 Million
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported second quarter net income of $439 million or $4.85 per diluted share. Net income included a $135 million mark-to-market charge, which excludes fair value amortization of $45 million. Excluding mark-to-market and other items, the Company reported pretax operating income of $227 million. Other items were $7 million in severance charges related to corporate actions, $485 million in gain on the sale of Title365, net of transaction costs, $16 million in discontinued oper
Jul 22, 2021 09:00 am ET
Mr. Cooper Group Announces Two Executive Appointments
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today two additions to the executive leadership team as the company focuses on becoming the largest home loan company in the country, with a customer-centric culture and best-in-class digital tools.
Jul 08, 2021 04:30 pm ET
Mr. Cooper Group Inc. to Discuss Second Quarter 2021 Financial Results on July 29, 2021
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2021 on Thursday, July 29, 2021 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Pre-registration for
Jul 06, 2021 09:00 am ET
 Mr. Cooper Announces Sale of Reverse Servicing Portfolio
Mr. Cooper Group Inc. (“Mr. Cooper” or “the Company”) announced today that it has entered into a definitive agreement for the sale of its Reverse servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management, LLC and its affiliates (“MAM”). Upon the close of the transaction, which is subject to regulatory approvals and other closing conditions and is expected prior to year end, MAM and its affiliates will assume Champion’s reverse portfolio and related operations. The terms of the transaction have not been disclosed; however, the Company does not expect a sign
Jul 06, 2021 09:00 am ET
 Mr. Cooper Group Completes Sale of Title365 for $500 million
Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has completed the sale of Title365 to Blend Labs, Inc. on June 30, 2021, for $500 million, consisting of $450 million in cash and a retained interest of 9.9 percent. Consistent with previously disclosed expectations, Mr. Cooper received cash proceeds of approximately $450 million and recorded an after-tax gain of approximately $350 million.
Jun 23, 2021 04:30 pm ET
Mr. Cooper Announces Promotion of Chris Marshall to President
Mr. Cooper today announced the promotion of Vice Chairman Chris Marshall to President, with operating responsibility for the originations and servicing segments and key business functions including technology and digital transformation. Chris will retain his existing responsibilities pending appointment of a new Chief Financial Officer. The company also disclosed that Chief Operating Officer Tony Ebers has resigned to pursue other opportunities.
Jun 02, 2021 09:00 am ET
Xome® Xpert Seller Launches to Provide Mortgage Servicers with a Tool to Empower Borrowers with Additional Home Sale Options
Xome®, the leading end-to-end provider of real estate services, today introduced its Xome Xpert Seller Program, which provides options for borrowers affected by the pandemic and unable to reinstate their mortgage. Through this program, servicers...
May 12, 2021 12:09 pm ET
Mr. Cooper Group Hires New Chief Diversity Officer
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the hiring of Leonard McLaughlin as its new Chief Diversity Officer. McLaughlin brings more than 15 years of experience leading diversity, equity and inclusion (DEI) strategies to foster inclusive and equitable environments for organizations.
Apr 29, 2021 07:00 am ET
Mr. Cooper Group Reports First Quarter 2021 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net income of $561 million or $5.92 per diluted share. Net income included $373 million in other mark-to-market, which excludes fair value amortization of $19 million. Excluding mark-to-market and other items, the Company reported pretax operating income of $363 million. Other items were $1 million in severance charges related to corporate actions, $3 million in transaction costs related to Title365 sale, and $4 million of intangible amortization.
Apr 27, 2021 08:21 pm ET
Mr. Cooper Takes Rapid Action to Reverse Invalid Payments
On Saturday April 24, 2021, Mr. Cooper discovered that its electronic payments vendor, ACI Worldwide, inadvertently issued incorrect mortgage payment drafts while conducting a test of their system. We immediately reported this error to our customers’ banks and worked with them to prevent any financial impact to our customer accounts by providing credits and reversing the incorrect drafts and fees which might have been charged. This was not a security breach, and Mr. Cooper did not receive any funds from customer accounts. As a result of our immediate action, as of Tuesday, April 27, out of 480
Apr 21, 2021 09:00 am ET
Mr. Cooper Group Joins Forces with Google Cloud to Transform the Mortgage Industry
Mr. Cooper Group Inc. (NASDAQ: COOP) and Google Cloud announced today a new partnership to create a customer-centric digital mortgage servicing platform powered by advanced automation technologies such as artificial intelligence (AI), machine learning (ML), data analytics and cloud scalability to make it easier to create, distribute, sign, sub
Apr 13, 2021 06:00 pm ET
Mr. Cooper Group Inc. to Discuss First Quarter 2021 Financial Results on April 29, 2021
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2021 on Thursday, April 29, 2021 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call m
Apr 07, 2021 09:00 am ET
Mr. Cooper Group Appoints New Chief Risk and Compliance Officer
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced that Kurt Johnson, who has been with the company for five years and most recently served as the company’s Chief Credit Officer, will now also lead risk and compliance for the organization as Executive Vice President and Chief Risk and Compliance Officer. With more than 20 years of experience
Mar 15, 2021 09:00 am ET
Mr. Cooper Group Announces Sale of Title365 for $500 Million
Today Mr. Cooper Group Inc. (“Mr. Cooper Group”) announced the signing of a definitive agreement to sell its title business, which operates under the brand name Title365, to Blend Labs, Inc. for $500 million, consisting of $450 million in cash and a retained interest of 9.9%, subject to certain adjustments. The sale is expected to close in the second quarter of 2021, subject to customary conditions including regulatory approval. As part of the transaction, Title365 will retain all cash generated between today and closing for the benefit of the acquirer and as such is not expected to contribute
Feb 23, 2021 07:00 am ET
Mr. Cooper Group Reports Fourth Quarter 2020 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a fourth quarter net income of $191 million or $2.00 per diluted share. Net income included a negative $6 million in mark-to-market, and $85 million expense on redemption of unsecured senior notes (debt breakage costs). Excluding the mark-to-market, fair value amortization of $26 million, debt breakage costs, and other items, the Company reported pretax operating income of $329 million. Other items were $5 million in severance charges related to corporate actions, $
Feb 18, 2021 05:56 pm ET
Mr. Cooper Group Inc. to Present at the Credit Suisse Virtual Financial Services Forum
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, and Chris Marshall, Vice Chairman and Chief Financial Officer, are scheduled to speak at the Credit Suisse Virtual Financial Services Forum on Thursday, February 25, 2021 at 12:10 P.M. Eastern Time.
Feb 02, 2021 04:00 pm ET
Mr. Cooper Group Inc. to Discuss Fourth Quarter 2020 Financial Results on February 23, 2021
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter 2020 on Tuesday, February 23, 2021 at 10:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference cal
Dec 17, 2020 10:12 am ET
Scott+Scott Attorneys at Law LLP Announces Investigation of Mr. Cooper Group Inc.’s Directors and Officers for Breach of Fiduciary Duties – COOP
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Mr. Cooper Group Inc. (“Mr. Cooper”) (NASDAQ: COOP) breached their fiduciary duties to Mr. Cooper and its shareholders.
Dec 07, 2020 10:48 am ET
Mr. Cooper Group Announces Resolution of Regulatory Matters
Mr. Cooper Group Inc. (the “Company”) announced today that it has reached a resolution of certain legacy regulatory matters with the Consumer Financial Protection Bureau, the multi-state committee of mortgage banking regulators and various State Attorneys General, and the Executive Office of the United States Trustee, all of which involve findings from examinations and discussions that were completed in 2014 and 2015, and relate to certain loan servicing practices which occurred during 2010 through 2015. Subsequent reviews demonstrated that management and the board had taken positive steps to
Dec 02, 2020 07:00 am ET
Mr. Cooper Group Inc. Announces Pricing of Offering of $650 Million of Senior Notes
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”) of $650,000,000 5.125% Senior Notes due 2030 (the “Notes”). The Notes will bear interest at 5.125% per annum and will mature on December 15, 2030. Interest on the Notes will be payable semi-annually on June 15 and December 15 of each year, beginning on June 15, 2021.
Oct 29, 2020 07:00 am ET
Mr. Cooper Group Reports Third Quarter 2020 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a third quarter net income of $214 million or $2.18 per diluted share. Net income included $53 million in debt refinancing costs related to senior note refinanced in the quarter and a negative $29 million in mark-to-market. Excluding the mark-to-market and other items, the Company reported pretax operating income of $348 million. Items excluded from operating income were negative $29 million in mark-to-market, net of the add back of $25 million in fair value amortiz
Oct 13, 2020 04:00 pm ET
Mr. Cooper Group Inc. to Discuss Third Quarter 2020 Financial Results on October 29, 2020
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2020 on Thursday, October 29, 2020 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call
Sep 21, 2020 09:00 am ET
Mr. Cooper Group Recognized as a Great Place to Work
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today it is
Sep 09, 2020 04:00 pm ET
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, and Chris Marshall, Vice Chairman and Chief Financial Officer, are scheduled to speak at the Barclays Global Financial Services Conference on Tuesday, September 15, 2020 at 2:45 P.M. Eastern Time.
Sep 02, 2020 09:00 am ET
Mr. Cooper to Add 2,000 New Team Members Nationwide in 2020 in Response to Extreme Customer Demand
Mr. Cooper (NASDAQ: COOP), a certified Great Place to Work®, the nation’s largest non-bank mortgage servicer and a leading mortgage lender, today announced plans to hire an additional 2,000 mortgage professionals and support staff through the remainder of 2020. With more than 3,000 new team members already onboarded this year, Mr. Cooper welcomes 5,000 new team members across its originations and servicing teams, who are passionate about keeping the dream of homeownership alive. With mortgage rates at historically low levels and loan activity rising, the company is hiring for critical position
Sep 01, 2020 09:00 am ET
Xome® Launches Inspex™, A Virtual Valuations Mobile App For DIY Home Inspections
Xome Holdings LLC (“Xome”), the leading end-to-end provider of seamless real estate services, today introduced Inspex by Xome, a do-it-yourself home inspection and valuation process mobile application, empowering lenders to provide borrowers with a...
Aug 11, 2020 11:31 am ET
Mr. Cooper Selects CoreLogic for Its Tax Payment Services
CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, announced today that Mr. Cooper, one of the largest mortgage servicers in the country, has transitioned its entire portfolio to CoreLogic’s DigitalTax PlatformTM, providing its customers with best-in-class digital, data-driven solutions.
Aug 10, 2020 09:00 am ET
Mr. Cooper Names Eldridge Burns Chief Legal Officer
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the appointment of Eldridge Burns as Executive Vice President and Chief Legal Officer. Burns will lead the company’s legal department and serve on the executive leadership team.
Aug 03, 2020 06:04 pm ET
Mr. Cooper Group Inc. Announces Pricing of Offering of $850 Million of Senior Notes
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”) of $850,000,000 5.50% Senior Notes due 2028 (the “Notes”). The Notes will bear interest at 5.50% per annum and will mature on August 15, 2028. Interest on the Notes will be payable semi-annually on February 15 and August 15 of each year, beginning on February 15, 2021.
Jul 30, 2020 07:00 am ET
Mr. Cooper Group Reports Second Quarter 2020 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a second quarter net income of $73 million or $0.77 per diluted share. Net income included a negative $261 million in mark-to-market. Excluding the mark-to-market and other items, the Company reported pretax operating income of $350 million. Items excluded from operating income were negative $261 million in mark-to-market, net of the add back of $29 million in fair value amortization that is included in the full mark-to-market, $1 million in severance charges relate
Jul 16, 2020 04:00 pm ET
Mr. Cooper Group Inc. to Discuss Second Quarter 2020 Financial Results on July 30, 2020
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2020 on Thursday, July 30, 2020 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call ma
Apr 30, 2020 07:00 am ET
Mr. Cooper Group Reports First Quarter 2020 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net loss of $171 million or $1.84 per diluted share. Net loss included a negative $383 million in mark-to-market. Excluding the mark-to-market and other items, the Company reported pretax operating income of $127 million. Items excluded from operating income were negative $383 million in mark-to-market, net of the add back of $30 million in fair value amortization that is included in the full mark-to-market, $4 million in severance charges related to
Apr 20, 2020 09:00 am ET
Mr. Cooper Group Inc. to Discuss First Quarter 2020 Financial Results on April 30, 2020
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2020 on Thursday, April 30, 2020 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call ma
Mar 30, 2020 02:53 pm ET
Mr. Cooper® Announces Additional Aid for Customers Impacted by COVID-19
Mr. Cooper®, the nation’s largest non-bank mortgage servicer and a leading mortgage lender, today announced additional assistance programs to help customers dealing with the unexpected impact of COVID-19 on their personal and financial lives. The company is offering assistance to customers following the guidance outlined in the CARES Act, while continuing to provide customers the support needed by offering new digital tools and quickly increasing call center staffing.
Feb 25, 2020 07:00 am ET
Mr. Cooper Group Reports Fourth Quarter 2019 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a fourth quarter net income of $461 million or $4.95 per diluted share. Net income included $285 million recovery of deferred tax asset (“DTA”) reserve and positive $102 million in mark-to-market. Excluding the mark-to-market and other items, the Company reported pretax operating income of $125 million. Items excluded from operating income were $102 million in mark-to-market, net of the add back of $31 million in fair value amortization that is included in the full
Feb 21, 2020 09:00 am ET
Mr. Cooper Group Announces Election of Shveta Mujumdar to Board of Directors
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the appointment of Ms. Shveta Mujumdar to its board of directors. Mujumdar currently serves as Vice President, Corporate Development for Intuit, a leading business and financial software company.
Feb 06, 2020 01:19 pm ET
Mr. Cooper Group Inc. to Discuss Fourth Quarter and Full Year 2019 Financial Results on February 25, 2020
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter and full year 2019 on Tuesday, February 25, 2020 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The c
Jan 13, 2020 04:42 pm ET
Mr. Cooper Group Inc. Announces Pricing of Offering of $600 Million of Senior Notes
Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”) of $600,000,000 6.00% Senior Notes due 2027 (the “Notes”). The Notes will bear interest at 6.00% per annum and will mature on January 15, 2027. Interest on the Notes will be payable semi-annually on January 15 and July 15 of each year, beginning on July 15, 2020.
Jan 09, 2020 09:00 am ET
Mr. Cooper Group Names Mike Rawls Chief Executive Officer of Xome®
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the appointment of Mike Rawls as Chief Executive Officer of Xome Holdings LLC (“Xome”), the company’s real estate services subsidiary. In taking on this new role, he will transition operational leadership for the servicing segment to Tony Ebers, Mr. Cooper’s Executive Vice President and Chief Operating Officer. Rayman Mathoda, who previously served as CEO of Xome, will remain with the company as a strategic advisor, and we wish her tremendous success as she pursues her career passion in life sciences.
Oct 31, 2019 07:00 am ET
Mr. Cooper Group Reports Third Quarter 2019 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), which principally operates under the Mr. Cooper® and Xome® brands, reported a third quarter net income of $83 million or $0.90 per diluted share, partially offset by a net fair value mark-to-market on the MSR portfolio of $(83) million. Excluding the mark-to-market and other items, the Company reported pretax operating income of $171 million. Items excluded from pretax operating income was $(83) million in mark-to-market, net of the add back of $32 million in fair value amortization included in the full mark-to-market, $4 million gain from
Oct 17, 2019 06:57 pm ET
Mr. Cooper Group Inc. to Discuss Third Quarter 2019 Financial Results on October 31, 2019
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2019 on Thursday, October 31, 2019 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call may be accessed
Sep 04, 2019 04:00 pm ET
Mr. Cooper Group Inc. to Present at the 2019 Barclays Global Financial Services Conference
Mr. Cooper Group Inc. (NASDAQ: COOP), a leading mortgage loan originator and servicer, announced today that Jay Bray, chairman and CEO, and Chris Marshall, vice chairman and CFO, will present at the 2019 Barclays Global Financial Services Conference at 2:45 P.M. Eastern Time on Tuesday, September 10, 2019 in New York, New York.
Aug 21, 2019 09:00 am ET
Mr. Cooper Group Receives Great Place to Work Certification
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced that it is Great Place to Wor
Aug 01, 2019 07:00 am ET
Mr. Cooper Group Reports Second Quarter 2019 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), which principally operates under the Mr. Cooper® and Xome® brands, reported a second quarter net loss of $(87) million, $(0.96) per diluted share, driven predominately by a net fair value mark-to-market on the MSR portfolio of $(231) million. Excluding the mark-to-market and other items, the Company reported pretax operating income of $118 million. Items excluded from operating income were $(231) million in mark-to-market, net of the add back of $26 million in fair value amortization that is included in the mark-to-market, $17 million in me
Jul 19, 2019 04:00 pm ET
Mr. Cooper Group Inc. to Discuss Second Quarter 2019 Financial Results on August 1, 2019
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2019 on Thursday, August 1, 2019 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call may be accessed
May 01, 2019 02:33 am ET
Mr. Cooper Group Reports First Quarter 2019 Financial Results
Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net loss of $(186) million, $(2.05) per diluted share driven principally by a net fair value mark-to-market on the MSR portfolio of $(293) million. Excluding the mark-to-market and other items, the Company reported pretax operating income of $48 million and after-tax operating income of $36 million equivalent to an after-tax ROTCE of 8.7%. Items excluded from operating income were $(293) million in
Apr 17, 2019 09:57 pm ET
Mr. Cooper Group Inc. to Discuss First Quarter 2019 Financial Results on May 1, 2019
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2019 on Wednesday, May 1, 2019 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. Th
Mar 07, 2019 04:00 am ET
Mr. Cooper Group Reports Fourth Quarter and Full Year 2018 Financial Results
Mr. Cooper Group Inc. (NASDAQ:COOP) (the "Company"), which principally operates under the Mr. Cooper® and Xome® brands, reported a fourth quarter net loss of $(136) million, or $(1.50) per diluted share driven principally by a net fair value mark-to-market on the MSR portfolio of $(188) million.
Feb 28, 2019 04:59 pm ET
Mr. Cooper Group Announces Election of Busy Burr to Board of Directors
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the appointment of Busy Burr to its board of directors. Burr previously served as Chief Innovation Officer and VP of Healthcare Trend at Humana.
Feb 25, 2019 06:15 pm ET
Mr. Cooper Group Inc. to Discuss Fourth Quarter and Full Year 2018 Financial Results on March 7, 2019
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter and full year 2018 on Thursday, March 7, 2019 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.co
Feb 14, 2019 09:00 am ET
Mr. Cooper Group Names New Chief People & Communications Officer
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the appointment of Kelly Ann Doherty as Executive Vice President and Chief People & Communications Officer, a newly created position for the company. In her new role, Doherty will lead human resources and corporate communications.
Jan 08, 2019 04:49 pm ET
Mr. Cooper Group Names New Head of Investor Relations
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Kenneth Posner as senior vice president, strategic planning and investor relations. Posner served most recently as chief of strategic planning and investor relations at Capital Bank Financial Corp. and was a co-founder of the company. Previously he was a managing director and Institutional Investor-ranked research analyst at Morgan Stanley, covering specialty finance and mortgage companies. He has earned the Certified Public Accountant, Chartered Financial Analyst, and Finan
Jan 03, 2019 04:15 pm ET
Mr. Cooper Group Announces $48 Billion Servicing Transaction
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the signing of definitive agreements to acquire servicing rights underlying $24 billion in GSE mortgages, enter into a subservicing contract for an additional $24 billion in mortgages, and purchase the Seterus mortgage servicing platform and assume certain assets related thereto from IBM (NYSE: IBM).
Dec 12, 2018 04:30 pm ET
Mr. Cooper Group Names New Chief Financial Officer
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the appointment of Christopher Marshall as Vice Chairman, a newly created officer position, effective January 2, 2019 and as Chief Financial Officer, effective immediately following the filing of the company's Annual Report on Form 10-K for fiscal year 2018.
Dec 06, 2018 09:00 am ET
Mr. Cooper Survey: Holidays Bring Spending Stress to Many Americans
Mr. Cooper®, the nation’s largest non-bank mortgage servicer and a leading mortgage lender, today announced the
Nov 08, 2018 07:00 am ET
Mr. Cooper Group Reports Third Quarter 2018 Financial Results and Signed Agreement for Strategic Acquisition of Originator with $25 Billion Servicing and $10+ Billion Annual Originations
Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported third quarter GAAP net loss of $(64) million, $(0.65) per diluted share for the one month ended July 31, 2018 (Predecessor), and reported GAAP net income of $1,011 million, $10.99 per diluted share for the two months ended September 30, 2018 (Successor). On an adjusted basis, the Company reported combined earnings for the third quarter of $54 million, $0.58 per diluted share.
Oct 30, 2018 11:23 pm ET
Mr. Cooper Group Inc. to Discuss Third Quarter Results on November 8, 2018
Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2018 on Thursday, November 8, 2018 at 9:00 A.M. Eastern Time. A copy of the press release will be posted prior to the call under the investors section on Mr. Cooper Group’s website, www.mrcoopergroup.com. The conference call may be acces

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