Mr. Cooper Group Inc. is a leading non-bank financial institution specializing in the servicing and origination of residential mortgage loans. Its primary focus is on helping homeowners manage and fin... Mr. Cooper Group Inc. is a leading non-bank financial institution specializing in the servicing and origination of residential mortgage loans. Its primary focus is on helping homeowners manage and finance single-family residences, executing both routine and complex mortgage-related functions. The company operates through two core business segments: servicing and originations. The servicing segment is responsible for collecting and disbursing borrower payments, managing escrow funds for taxes and insurance, investor reporting, customer service, loan modifications, and loss mitigation activities on behalf of mortgage investors. Meanwhile, the originations segment originates new home loans via direct-to-consumer and correspondent channels, enabling refinancing solutions and new purchases for homeowners and mortgage brokers. As one of the largest mortgage servicers in the United States, Mr. Cooper Group Inc. manages a sizable portfolio with billions in unpaid principal balance and serves millions of customers nationally. In addition, the company enhances the homeownership experience through technology-driven solutions and specialized subsidiaries such as Xome and Rushmore Servicing, reflecting its significant impact on the U.S. housing finance industry.Show lessShow more

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