Name | Value |
---|---|
Revenues | 415.0M |
Cost of Revenue | 110.0M |
Gross Profit | 305.0M |
Operating Expense | 261.0M |
Operating I/L | 35.0M |
Other Income/Expense | -9.0M |
Interest Income | 0.0M |
Pretax | 35.0M |
Income Tax Expense | -2.0M |
Net Income/Loss | 37.0M |
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.