COOP News and Press, Mr. Cooper Group Inc. From 03/05/21

The number of mortgages in active forbearance falls by 22K in the past week, driven by month-end plan expirations, according to Black Knight's McDash Flash Mortgage Forbearance Tracker.Additional review/removal activity may occur in the next week, as 100K forbearance plans remain listed with ...

Revenues will likely benefit from strength in the refinancing market. Further, growth in the servicing portfolio will likely drive revenues. Technological investments will likely reduce costs. The December 2021 target price suggests a small downside from the current market price. ...

Rocket Companies Inc is aptly named, up 71% yesterday in a post earnings short squeeze. Astute investors however will want to know not just the reason for the squeeze but also the reason 40% of the shares outstanding were short in the first place. Also key to understand is the hug...

The number of mortgages in active forbearance rise for a second week in a row, climbing by 21K (+0.8%) since last Tuesday, pushing the total back up over 2.7M, according to Black Knight's McDash Flash Forbearance Tracker.Earlier this month, the number of mortgages in forbearance fell below th...

The following slide deck was published by Mr. Cooper Group Inc. in conjunction with their 2020 Q4 earnings call. For further details see: Mr. Cooper Group Inc. 2020 Q4 - Results - Earnings Call Presentation

Image source: The Motley Fool. Mr. Cooper Group Inc (NASDAQ: COOP) Q4 2020 Earnings Call Feb 23, 2021 , 10:00 a.m. ET Ken Posner Continue reading For further details see: Mr. Cooper Group Inc (COOP) Q4 2020 Earnings Call Transcript

Mr. Cooper Group Inc. (COOP) Q4 2020 Earnings Conference Call February 23, 2021 10:00 AM ET Company Participants Ken Posner - SVP of Strategic Planning and Investor Relations Jay Bray - Chairman and CEO Chris Marshall - Vice Chairman and CFO Conference Call Participants Bose George - KBW Mark...

Reported $191 million net income or $2.00 per diluted share Generated strong pretax operating income of $329 million, equivalent to a ROTCE of 44.1% Tangible book value per share increased to $26.27 from $23.95 in the prior quarter Originations segment generated pretax inc...

Following the pattern of mid-month increases in mortgage forbearance volumes, the number of mortgages in active forbearance rises by 15K, or 0.06%, since a week ago Tuesday, according to the Black Knight's McDash Flash Forbearance Tracker.Still, the monthly rate of decline holds steady at ~2%...

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...