Name | Value |
---|---|
Revenues | 608.0M |
Cost of Revenue | 191.0M |
Gross Profit | 417.0M |
Operating Expense | 139.0M |
Operating I/L | 278.0M |
Other Income/Expense | -1.0M |
Interest Income | 217.0M |
Pretax | 277.0M |
Income Tax Expense | 79.0M |
Net Income/Loss | 198.0M |
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services for single-family residences in the United States. The company operates through two segments: Servicing and Originations. The Servicing segment collects and disburses borrower payments, performs investor reporting, customer service, and loan modifications. The Originations segment originates residential mortgage loans through its direct-to-consumer channel and purchases loans from mortgage bankers and brokers. It operates primarily under the Mr. Cooper and Xome brands.