Mr. Cooper Group Inc. (COOP) NASDAQ

Currency In USD

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Mr. Cooper Group Inc.

Address

8950 Cypress Waters Boulevard

Coppell, TX 75019

United States of America (the)

Phone

469 549 2000

Sector

Financial Services

Industry

Financial - Mortgages

Employees

7900

First IPO Date

March 28, 2012

Key Executives

NameTitlePayYear Born
Michael R. RawlsExecutive Vice President & Chief Executive Officer of Xome1.71M1970
Jesse K. BrayChairman & Chief Executive Officer5.64M1967
Carlos PelayoExecutive Vice President & Chief Legal Officer1.07M1970
Kurt G. JohnsonExecutive Vice President & Chief Financial Officer1.88M1970
Michael S. WeinbachPresident3.84M1973
Christen ReyengaVice President of Corporate Communications0N/A
Jeff CarrollSenior Vice President & Chief Technology Officer0N/A
Ranjit BhattacharjeeExecutive Vice President & Chief Investment Officer0N/A
Christine PaxtonExecutive Vice President and Chief Risk & Compliance Officer0N/A
Kenneth A. PosnerSenior Vice President of Strategic Planning & Investor Relations01963
Kevin James BarkerSenior Vice President of Corporate Finance0N/A
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Description

Mr. Cooper Group Inc. offers a range of services for single-family homes across the United States, including mortgage servicing, loan origination, and various transaction-based solutions. The company operates through two main segments: Servicing and Originations. Its Servicing segment manages existing mortgages by collecting and distributing borrower payments, providing investor reports, handling customer inquiries, and modifying loan terms. The Originations segment generates new residential mortgage loans directly for consumers, and also procures or initiates loans from other mortgage bankers and brokers. The company primarily operates under the Mr. Cooper and Xome brand names. Founded in 2015, it was previously known as WMIH Corp. until changing its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is headquartered in Coppell, Texas.

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