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Tagged: Mr. Cooper Group

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.

Industry News
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.

Courts
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.

Courts
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.

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

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

Industry News
Jul 26, 2023
Deal To Purchase Home Point Capital Delayed

Will close by end of the month.

Industry News
Jul 24, 2023
Home Point Financial Corp. Sues Seven Lending Firms Seeking $4.6M in Restitution
Industry News
Jul 06, 2023
the interest
Homepoint Sues 7 Correspondent Lenders Over Repurchases

Claims breaches of contract; seeking more than $4.6 million in restitution.

Courts
Wholesale
Jul 06, 2023
Fitch: Non-Bank Mortgage Lenders Can Weather The Storms

Ratings service says they are well-positioned to handle liquidity and funding challenges.

Analysis and Data
Jul 06, 2023
Audit Finds Servicers, Mr. Cooper Bungled Pandemic Mortgage Relief

HUD Inspector General finds that 2/3rds of borrowers did not receive loss-mitigation assistance.

Regulation and Compliance
Jun 15, 2023
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FHAs Foreclosure Reckoning
Breaking Barriers
Beyond Barriers
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