Mr. Cooper Group Inc. (COOP) News
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COOP News Highlights
- COOP's 30 day story count now stands at 20.
- Over the past 23 days, the trend for COOP's stories per day has been choppy and unclear. It has oscillated between 1 and 14.
- AP, BEAT and CAE are the most mentioned tickers in articles about COOP.
Latest COOP News From Around the Web
Below are the latest news stories about Mr Cooper Group Inc that investors may wish to consider to help them evaluate COOP as an investment opportunity.
Nationstar Mortgage Holdings Inc. -- Moody's upgrades Nationstar's senior unsecured rating to B1 from B2, assigns a B1 corporate family rating to Mr. Cooper Group Inc.; outlook stable
Rating Action: Moody's upgrades Nationstar's senior unsecured rating to B1 from B2, assigns a B1 corporate family rating to Mr. Cooper Group Inc.; outlook stableGlobal Credit Research - 18 Feb 2022New York, February 18, 2022 -- Moody's Investors Service ("Moody's") has assigned a B1 corporate family rating (CFR) to Mr. Cooper Group Inc. (Mr. Cooper). The B1 CFR reflects the group's improved financial profile, including profitability and capitalization improvements, and its enhanced capacity to grow its capitalization levels through increased earnings, which improves its ability to absorb unexpected losses.
These seven top value stocks could outperform in the coming years, especially against the backdrop of multiple federal interest hikes.
COPPELL, Texas (AP) _ Mr. Cooper Group Inc. (COOP) on Friday reported fourth-quarter net income of $155 million. The Coppell, Texas-based company said it had profit of $2.01 per share. Earnings, adjusted for non-recurring gains, were $1.53 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share. The reinsurance company posted revenue of $625 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $556.9 million. For the year, the company reported profit of $1.45 billion, or $16.53 per share. Revenue was reported as $3.32 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Za...
Wachtell, Lipton, Rosen & Katz is advising Mr. Cooper Group Inc, a large U.S. home loan servicer, on the sale of IP rights for its mortgage servicing technology platform to fintech software company Sagent M&C, which was represented by Kirkland & Ellis.
Mr. Cooper Group (NASDAQ: COOP ) reported its Q4 earnings results on Friday, February 11, 2022 at 07:00 AM. Here''s what investors need to know about the announcement. Earnings Mr. Cooper Group beat estimated earnings by 24.59%, reporting an EPS of $1.52 … Full story available on Benzinga.com
Mr. Cooper and Sagent Announce Agreement to Create the Mortgage Industry''s First Cloud-Native Servicing Platform
Multi-year deal integrates Mr. Cooper''s consumer-first software platform into Sagent to accelerate modernization of America''s top banks and lenders, including Mr. Cooper Mr. Cooper Group Inc. ("Mr. Cooper" or "the Company") and Sagent M&C, LLC ("Sagent") announced today the execution of a definitive agreement under which Sagent will buy certain intellectual property rights related to Mr. Cooper''s proprietary, cloud-based technology platform for mortgage servicing, and Mr. Cooper will receive an equity stake in Sagent. This agreement will leverage Mr. Cooper''s mortgage servicing depth and Sagent''s software innovation speed to create the industry''s first cloud-native, homeowner-first servicing platform. Mr. Cooper will also become a multi-year customer of Sagent. Sagent, a Warburg P...
Companies Reporting Before The Bell • Mr. Cooper Group (NASDAQ: COOP ) is expected to report quarterly earnings at $1.22 per share on revenue of $551.60 million. • MISTRAS Group (NYSE: MG ) is estimated to report quarterly earnings at $1.06 per share on revenue of $11.33 billion. • IAA (NYSE: IAA ) is estimated to report quarterly earnings at $0.62 per share on revenue of $500.71 million. • Fortis (NYSE: FTS ) is estimated to report quarterly earnings at $0.71 per share on revenue of $2.31 billion. • Enbridge (NYSE: ENB ) is estimated to report quarterly earnings at $0.58 per share on revenue of $8.88 billion. • Millicom Intl Cellular (NASDAQ: TIGO ) is expected to report quarterly earnings at $0.32 per share on revenue of $1.70 billion. • CAE (NYSE: CAE ) is expected to report quarterl...
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COOP earnings call for the period ending December 31, 2021.