Mr. Cooper Group Inc (OQ:COOP)

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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