Company Mr. Cooper Group Inc.

Equities

COOP

US62482R1077

Consumer Lending

Market Closed - Nasdaq 21:00:00 01/05/2024 BST 5-day change 1st Jan Change
77.51 USD +0.40% Intraday chart for Mr. Cooper Group Inc. -5.15% +19.03%

Business Summary

Mr. Cooper Group Inc. provides servicing, origination and transaction-based services related to single family residences throughout the United States under the Mr. Cooper and Xome brands. The Company is also a home loan servicer and originator in the country focused on delivering a variety of servicing and lending products, services and technologies. The Company's Servicing segment performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans. The Company's Originations segment originates residential mortgage loans through its direct-to-consumer channel, which provides refinance options for its existing customers, and through its correspondent channel, which purchases or originates loans from mortgage bankers. The Company’s subsidiaries are Home Point Capital Inc., and Roosevelt Management Company, LLC.

Number of employees: 6,800

Sales per Business

USD in Million2022Weight2023Weight Delta
Servicing
76.9 %
1,658 67.3 % 1,379 76.9 % -16.83%
Originations
18.5 %
730 29.6 % 332 18.5 % -54.52%
Corporate/Other
4.6 %
76 3.1 % 83 4.6 % +9.21%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
2,464 100.0 % 1,794 100.0 % -27.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 30/07/18
President 50 01-31
Director of Finance/CFO 54 31/05/19
Compliance Officer - 12/03/23
Chief Administrative Officer - 31/07/18
Chief Tech/Sci/R&D Officer - 28/02/15
Director/Board Member 64 01/01/19
General Counsel 55 21/02/23
Comptroller/Controller/Auditor - 31/05/20
Human Resources Officer - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 30/07/18
Director/Board Member 63 18/03/12
Chief Executive Officer 57 30/07/18
Director/Board Member 46 11/05/15
Director/Board Member 64 01/01/19
Director/Board Member 70 30/07/18
Director/Board Member 62 27/02/19
Director/Board Member 45 19/02/20
Director/Board Member 52 09/02/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 93,220,963 62,385,743 ( 66.92 %) 28,500,000 ( 30.57 %) 66.92 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
16.49 %
10,650,318 16.49 % 830 M $
Vanguard Fiduciary Trust Co.
11.80 %
7,626,038 11.80 % 594 M $
Omega Advisors, Inc.
4.727 %
3,054,000 4.727 % 238 M $
2,959,878 4.582 % 231 M $
Dimensional Fund Advisors LP
3.640 %
2,351,688 3.640 % 183 M $
Diamond Hill Capital Management, Inc.
3.564 %
2,302,192 3.564 % 179 M $
Rubric Capital Management LP
2.764 %
1,785,795 2.764 % 139 M $
Wellington Management Co. LLP
2.655 %
1,714,900 2.655 % 134 M $
Morgan Stanley Investment Management, Inc.
2.613 %
1,687,884 2.613 % 132 M $
Geode Capital Management LLC
2.241 %
1,447,992 2.241 % 113 M $

Company contact information

Mr. Cooper Group, Inc.

8950 Cypress Waters Boulevard

75019, Coppell

+469 549 2000

http://www.mrcoopergroup.com
address Mr. Cooper Group Inc.(COOP)
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