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Mr. Cooper Group Inc (COOP.OQ)

COOP.OQ on NASDAQ Stock Exchange Capital Market

10.55USD
13 Sep 2019
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Volume
529,705
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Latest Key Developments (Source: Significant Developments)

Mr. Cooper Group Says During July And Aug. 2019, Originations Funded $7.7 Billion In Volumes, With Originations Pretax Margins Greater Than 1.0%
Monday, 9 Sep 2019 

Sept 9 (Reuters) - Mr. Cooper Group Inc ::MR. COOPER GROUP INC - DURING JULY AND AUG 2019, ORIGINATIONS FUNDED $7.7 BILLION IN VOLUMES, WITH ORIGINATIONS PRETAX MARGINS GREATER THAN 1.0%.MR. COOPER GROUP INC - SERVICING CPR AVERAGED 17% DURING JULY AND AUGUST 2019.MR. COOPER GROUP INC - CO HAS NOTIFIED TRUSTEE OF ITS INTENTION TO CALL $100 MILLION OF ITS 6.500% SENIOR NOTES DUE 2021 FOR SETTLEMENT IN OCTOBER 2019.MR. COOPER GROUP-CO'S TANGIBLE NET WORTH RATIO, WHICH IS MEASURED AT CO'S OPERATING SUBSIDIARY, NATIONSTAR MORTGAGE LLC WAS 12.5% AS OF JUNE 30, 2019.  Full Article

Mr. Cooper Group Reports Second Quarter 2019 Financial Results
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Mr. Cooper Group Inc ::MR. COOPER GROUP REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 LOSS PER SHARE $0.96.Q2 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES DATA.QTRLY TOTAL REVENUE $250 MILLION VERSUS $399 MILLION.Q2 REVENUE VIEW $496.8 MILLION -- REFINITIV IBES DATA.  Full Article

Mr. Cooper Group Q4 GAAP Loss Per Share $1.50
Thursday, 7 Mar 2019 

March 7 (Reuters) - Mr. Cooper Group Inc ::MR. COOPER GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 GAAP LOSS PER SHARE $1.50.Q4 EARNINGS PER SHARE ESTIMATE $0.54 -- REFINITIV IBES DATA.  Full Article

Mr. Cooper Group Announces $48 Billion Servicing Transaction
Friday, 4 Jan 2019 

Jan 3 (Reuters) - Mr. Cooper Group Inc ::MR. COOPER GROUP ANNOUNCES $48 BILLION SERVICING TRANSACTION.COOPER EXPECTS TO FUND ACQUISITION WITH FINANCING ON MORTGAGE SERVICING RIGHTS AND CASH.SIGNING OF DEFINITIVE AGREEMENTS TO ACQUIRE SERVICING RIGHTS UNDERLYING $24 BILLION IN GSE MORTGAGES.MR. COOPER GROUP - SIGNING OF AGREEMENTS TO PURCHASE SETERUS MORTGAGE SERVICING PLATFORM AND ASSUME CERTAIN ASSETS RELATED THERETO FROM IBM.EXPECTS TO FUND ACQUISITION WITH FINANCING ON MORTGAGE SERVICING RIGHTS AND CASH.ENTER INTO A SUBSERVICING CONTRACT FOR AN ADDITIONAL $24 BILLION IN MORTGAGES.  Full Article

Wmih Corp Files For Resale Of Up To 468.24 Million Shares Of Co's Common Stock - SEC Filing
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - WMIH Corp ::WMIH CORP FILES FOR RESALE OF UP TO 468.24 MILLION SHARES OF CO'S COMMON STOCK - SEC FILING.  Full Article

Nationstar Mortgage May Be Required To Pay WMIH $65 Mln​ Termination Fee
Wednesday, 14 Feb 2018 

Feb 13 (Reuters) - Nationstar Mortgage Holdings Inc ::NATIONSTAR MORTGAGE - ‍ IN CONNECTION WITH WMIH DEAL TERMINATION UNDER SOME CONDITIONS, CO MAY BE REQUIRED TO PAY TO WMIH $65 MILLION​ TERMINATION FEE.NATIONSTAR MORTGAGE-IF WMIH DEAL TERMINATED UNDER SOME CONDITIONS, WMIH MAY BE REQUIRED TO PAY CO TERMINATION FEE OF $65 MILLION OR $125 MILLION - SEC FILING​.  Full Article

WMIH Corp Announces Amendment Of Series B Preferred Stock Terms
Monday, 11 Dec 2017 

Dec 11 (Reuters) - WMIH Corp ::WMIH CORP. ANNOUNCES AMENDMENT OF SERIES B PREFERRED STOCK TERMS.WMIH CORP - ‍UNDER TERMS OF AMENDMENT, CONVERSION PRICE OF SERIES B PREFERRED STOCK​ SHALL BE FIXED AT $1.35 PER SHARE OF COMMON STOCK.WMIH - UNDER TERMS OF AMENDMENT, MANDATORY REDEMPTION DATE OF SERIES B PREFERRED STOCK SHALL BE OCT 5 2019.WMIH -‍ TERMS OF AMENDMENT INCLUDE SPECIAL DISTRIBUTION OF 19.05 SHARES OF COMMON STOCK/SHARE OF SERIES B PREFERRED STOCK.WMIH CORP - AMENDMENT TERMS INCLUDE ‍SPECIAL DISTRIBUTION AS A RESULT OF CONSUMMATION OF AN ACQUISITION OR QUALIFIED ACQUISITION​.WMIH CORP - IN CONNECTION WITH AMENDMENT, CO ALSO ENTERED INTO AN AGREEMENT DATED DEC 8, 2017 WITH KKR FUND HOLDINGS L.P..WMIH - ‍AGREEMENT WITH KKR FUND PROVIDES THAT CO WOULD NOT ENTER ANY DEFINITIVE AGREEMENT FOR ACQUISITION WITHOUT APPROVAL OF SERIES A STOCKHOLDER​.  Full Article

WMIH Corp announces redemption of senior second lien runoff note
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - Wmih Corp :WMIH Corp announces redemption of senior second lien runoff note.WMIH Corp - ‍announced that co has fully redeemed its 13% senior second lien notes due in 2030​.WMIH Corp - ‍has fully redeemed co's 13% senior second lien notes due in 2030 issued under senior second lien notes indenture dated as of March 19, 2012​.WMIH Corp - ‍used a combination of runoff proceeds and unrestricted corporate cash to fund redemption​.  Full Article