Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» A $1M Profit at Mr. Cooper as Lending Suffers but MSRs Buoy
Looking to read the full article? Register today!
A $1M Profit at Mr. Cooper as Lending Suffers but MSRs Buoy
February 10, 2023
Paul Muolo
Management shelled out $23 million during 4Q to cover severance payments to laid off workers and for property consolidation.
Data/Rankings
Originations
Servicing
Latest Imf News
GSEs Gain Market Share in October Amid Refi Surge
Locks for Purchase Mortgages Increase in October
Refi Share Up Sharply in Latest Jumbo MBS From Rate
Zero-Downpayment FHA Loan Seen as Better Option Than DPA
More Imf News
Featured Data
ARMs, IO Loans Help Boost ECM Securitizations in 3Q
Delinquencies Rise Across Ginnie Servicing in 3Q
CMBS Issuance Up Again in 3Q24 as Multifamily Surges
Large Nonbank Servicers Gain Share in Third Quarter
More Featured Data
Featured Reports
Mortgage Profitability Report 2Q24 (PDF)
Agency Channel Analysis: 3Q24 (PDF)
IMF Mortgage Directory: Full interactive database
Top Mortgage Players: 2Q24 (PDF)
More Latest Reports
Featured Poll
The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?
Yes, but only a few positions.
No. In fact, we’re still downsizing.
Yes, we’re expecting a boom!
No. We’re staffed just right.
View Results