Mr. Cooper Group remained profitable across its mortgage origination and servicing businesses in the second quarter of 2025, despite the loss of a major subservicing client ahead of its pending acquisition by Rocket Companies.

“The company is firing on all cylinders,” CEO Jay Bray said in a recorded earnings call. “This is a real achievement considering the difficult environment, with persistent high mortgage rates contributing to ongoing affordability challenges, sluggish home sales, and home prices coming under pressure in some markets.”

Mr. Cooper reported $198 million in net details ⇒

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