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Mr. Cooper delivers $204M profit, announces status as top-five correspondent lender

Dallas-based Mr. Cooper Group presented its fourth-quarter 2024 earnings on Wednesday morning. The company had a robust end to the year in which it delivered a $204 million profit and $235 million in pretax operating income.

“The fourth quarter capped off an outstanding year for Mr. Cooper, with an operating ROTCE (return on tangible common equity) of 15.8% and substantial portfolio growth of 57% year-over-year. We enter 2025 with strong capital, liquidity and an outstanding team, energized to serve our customers, clients and stakeholders,” Jay Bray, the company’s chairman and CEO, said in a statement.

During the earnings call, details ⇒

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