Name | Value |
---|---|
Revenues | 749.0M |
Cost of Revenue | 406.0M |
Gross Profit | 343.0M |
Operating Expense | 237.0M |
Operating I/L | 106.0M |
Other Income/Expense | -11.0M |
Interest Income | 189.0M |
Pretax | 95.0M |
Income Tax Expense | 7.0M |
Net Income/Loss | 88.0M |
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.