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COOP| Name | Value |
|---|---|
| Revenues | 507.0M |
| Cost of Revenue | -171.0M |
| Gross Profit | 678.0M |
| Operating Expense | 386.0M |
| Operating I/L | 292.0M |
| Other Income/Expense | -12.0M |
| Interest Income | 216.0M |
| Pretax | 280.0M |
| Income Tax Expense | 76.0M |
| Net Income/Loss | 204.0M |
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.
