COOP News and Press, Mr. Cooper Group Inc. From 04/06/20

A broad group of those involved in the mortgage industry over the weekend called on the FHFA, the Fed, and Treasury to put in place a liquidity facility for the mortgage servicers. More news on: Mr. Cooper Group Inc., New Residential Investment Corp., PennyMac Financial Services, Inc., ...

Gainers:  Camber Energy (NYSEMKT: CEI ) +61% . More news on: Camber Energy, Inc., Cancer Genetics, Inc., Micron Solutions, Inc., Stocks on the move, , Read more ...

Mr. Cooper ( COOP -18.5% ), PennyMac Financial ( PFSI -11.5% ), Ocwen Financial ( OCN -17.0% ), and Walker & Dunlop ( WD -3.7% ) slip in early trading after reports that U.S. regulators are holding off on helping mortgage servicing firms that could be hit with a surge of missed p...

This just in: Washington doesn't give a darn about nonbank mortgage servicers. More news on: New Residential Investment Corp., Mr. Cooper Group Inc., Ocwen Financial Corporation, Financial stocks news, Read more ...

Comprehensive Response Includes Forbearance Plans, No Negative Credit Reporting and No Late Fees 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 une...

Even with the forbearance to homeowners that's included in coronavirus-related legislation, the explicit Ginnie Mae wrap and GSEs' line of credit at the U.S. Treasury will protect the timely payment of principal and interest to mortgage backed securities investors, write JPMorgan MBS analyst...

Ginnie Mae last night promised to use a program normally reserved for natural disasters to get cash to mortgage servicers. More news on: Mr. Cooper Group Inc., Ocwen Financial Corporation, New Residential Investment Corp., Financial stocks news, News on the U.S. economy, Read more .....

The Fed and the Treasury Department may create a funding facility for mortgage servicers, using some of the funds earmarked in the draft coronavirus relief legislation now under discussion, writes Heights Capital Markets Edwin Groshans in a note. More news on: Mr. Cooper Group Inc., PennyM...

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Image source: The Motley Fool. Mr. Cooper Group Inc   (NASDAQ: COOP) Q4 2019 Earnings Call Feb 25, 2020 , 9:00 a.m. ET Operator Continue reading