Mr. Cooper Group (COOP) Reports Q1 EPS of $8.59

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Mr. Cooper Group Reports First Quarter 2022 Results

April 28, 2022 4:00 PM EDT

Reported total net income of $658 million including MSR mark of $552 million, equivalent to ROCE of 71.7% Book value per share increased to $53.81 and Tangible book value per share increased to $52.01 Servicing UPB grew to $796 billion, up 27% y/y Repurchased 0.7 million common shares for $35 million Closed Sagent transaction resulting in pretax gain of $223 million

DALLAS--(BUSINESS WIRE)-- Mr. Cooper Group Inc. (NASDAQ: COOP) (the Company), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net income of $658 million or $8.59 per diluted... More