Mr. Cooper

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Mr. Cooper Locked Down By Cyber Attack

One of the country’s largest mortgage servicers was hit on Halloween; still locked down almost a week later.

Nov 05, 2023
Mr. Cooper Group Announces Q3 Net Income Of $275 Million, Edges Closer To $1 Trillion Target

CEO Jay Bray touts balanced business model as the driving force behind consistent growth; company initiates search for successor following vice chairman's retirement announcement.

Oct 25, 2023
ACI Worldwide Faces $10 Million Penalty For Massive Unauthorized Withdrawal Fiasco

NY Attorney General leads multistate coalition in holding ACI accountable after a testing blunder drains billions from homeowners' accounts.

Oct 17, 2023
Mr. Cooper Pursues ACI Payments For $2.3 Billion Servicing Snafu

Mortgage servicer takes legal action following massive borrower impact; CFPB previously fined ACI $25 million for related charges.

Sep 27, 2023
Home Point Settles For $5 Million Over Alleged IPO Misrepresentations

Investors claim the mortgage lender overstated its cost efficiency and resilience ahead of its 2021 public launch.

Sep 21, 2023
Mr. Cooper Group's Q2 Earnings Beat Expectations

Crucial acquisitions fuel Texas-based mortgage provider's robust performance.

Jul 26, 2023