Mr. Cooper Group Inc. (COOP)

78.73 -0.03 (-0.04%) At close: 04:00PM EDT

Mr. Cooper Group Inc.

8950 Cypress Waters Boulevard
Coppell, TX 75019
United States
469 549 2000
https://www.mrcoopergroup.com

Sector(s): Financial Services
Industry: Mortgage Finance
Full-time employees: 6,800

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jesse K. Bray	Chairman & CEO	5.64M	N/A	1967
Mr. Kurt G. Johnson	Executive VP & CFO	1.72M	N/A	1971
Mr. Carlos M. Pelayo	Executive VP & Chief Legal Officer	1.17M	N/A	1969
Mr. Michael R. Rawls	Executive VP & CEO of Xome	1.49M	N/A	1970
Mr. Michael S. Weinbach	President	N/A	N/A	1973
Mr. Sridhar Sharma	Executive VP & Chief Information Officer	N/A	N/A	N/A
Ms. Kelly Ann Doherty	Executive VP & Chief Administrative Officer	N/A	N/A	N/A
Mr. Kenneth A. Posner	Senior Vice President of Strategic Planning & Investor Relations	N/A	N/A	1963
Ms. Christine Paxton	Executive VP and Chief Risk & Compliance Officer	N/A	N/A	N/A
Christen Reyenga	Vice President of Corporate Communications	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Mr. Cooper Group Inc., together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans, performing collections, foreclosures, and the sale of real estate owned. The Originations segment originates residential mortgage loans through its direct-to-consumer and correspondent channels. The company provides its services 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.

Corporate governance

Mr. Cooper Group Inc.’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 4; Board: 5; Shareholder rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.