COOP News and Press, Mr. Cooper Group Inc. From 02/18/21

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...

The number of mortgages in active forbearance fell by 48K in the week ended Feb. 9, bringing the total decline to 93K in the past two weeks, according to Black Knight's McDash Flash Forbearance Tracker.Both weeks represent January plan expirations.As of Feb. 9, some 2.67M homeowners, or 5% of...

Following the pattern of the past several months, the number of mortgages in active forbearance declined at the beginning of the month, driven by month-end plan expirations, according to the Black Knight McDash Flash Forbearance Tracker.The number of mortgages in active forbearance fell by 45...

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 ...

Once March is over, a clearer picture should emerge regarding delinquent homeowners' ability to pay their mortgages as many forbearance plans will reach their 12-month limit.That means homeowners who entered forbearance plans early in the pandemic will be faced with exiting the forbearance pl...

Last year ended with 2.15M of homeowners seriously delinquent on their mortgage payments, 1.7M more than at its start, even after months of improvement, according to Black Knight's First Look at December 2020 data.The national delinquency rate in December fell to its lowest level since April;...

This article looks at the 50 best-performing stocks in the S&P SmallCap 600 in the fourth quarter of 2020 and for the full year. By examining the tails of the return distribution, we can gain improved insight into different portfolio return drivers. Stocks continued their boun...

T11 Capital Management is a California based money manager. The firm offers separately managed accounts to high net worth individuals and institutions. For the month of December, T11 TABS recorded a 35.03% gross return and a net return of 26.27% versus the S&P 500, which gained 3....

Moody's sees a positive 2021 outlook for only one of 12 finance company subsectors; the outlooks on seven are negative with the remaining four seen as stable.The U.S. non-bank residential mortgage sector is the one that holds a positive outlook: "Profitability will remain strong and originati...

Rocket Companies (RKT) gains 5.3% after Jefferies analyst Ryan Carr starts covering the stock with a Buy rating as part of a broader call flagging the potential of real estate finance tech stocks.Black Knight ([[BKI]] +0.2%), New Residential ([[NRZ]] +0.8%), and PennyMac Financial (...