Mr. Cooper’s Q3 Reports $113M in Q3 Profits Buoyed by Servicing Earnings

HousingWire, Oct. 26, 2022–Connie Kim
Nonbank mortgage lender and servicer Mr. Cooper Group reported a net income of $113 million in the third quarter thanks to servicing earnings shining through in a high-interest rate environment. Its profit, however, dropped 25%, offset by lower originations income from the second quarter.