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COOP · Financial Services · Financial - Mortgages · Market cap $13.49B

1 fund in our archive has pitched Mr. Cooper Group Inc. — most recently Riverwater Sustainable Value strategy in December 2024.

Company profile

Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through two segments: Servicing and Originations. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers and brokers. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. was incorporated in 2015 and is based in Coppell, Texas.

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Fund coverage · 1 thesis

  • Riverwater Sustainable Value strategy
    December 2024

    Mr. Cooper Group Inc. is a leading non-bank mortgage servicer in the U.S. benefiting from a prolonged high-interest rate environment and trading at an attractive valuation.

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