Mr Cooper Group INC
Market Movers (8-K)
Rocket Companies finalized its $14.2 billion acquisition of Mr. Cooper Group, uniting the largest mortgage originator with the top servicer to transform homeownership.
Capital raise
Mr. Cooper Group Inc.'s subsidiary, Nationstar, announced the conditional redemption of its 2026, 2027, and 2028 Senior Notes, contingent on the completion of its merger with Rocket Companies, Inc.
Delay expected
Mr. Cooper Group Inc. announced its Board of Directors declared a $2.00 cash dividend per share of common stock.
Mr. Cooper Group Inc. stockholders have approved the merger agreement with Rocket Companies, Inc., moving the acquisition closer to completion.
Mr. Cooper Group Inc. has filed supplemental disclosures to its merger proxy statement with Rocket Companies, Inc. following shareholder lawsuits alleging misstatements and omissions.
Worse than expected
Delay expected
Mr. Cooper Group Inc. announced robust second-quarter 2025 financial results, reporting a significant increase in net income to $198 million and a 25% year-over-year growth in its servicing portfolio to $1.509 trillion.
Better than expected
Capital raise
Quarterly Earnings (10-Q)
Mr. Cooper Group Inc. reported a decline in net income and earnings per share for the second quarter and first half of 2025, despite strong operational revenue growth and increased originations volume, as it progresses towards its all-stock acquisition by Rocket Companies.
Worse than expected
Mr. Cooper Group Inc. reports its Q1 2025 financial results, highlighting key metrics and strategic initiatives, while also navigating a definitive merger agreement with Rocket Companies.
Worse than expected
Mr. Cooper Group's Q3 results show a decrease in net income compared to the previous year, despite a growing servicing portfolio and increased origination volume.
Worse than expected
Mr. Cooper Group Inc. announced a robust second quarter performance, highlighted by significant growth in its servicing portfolio and increased profitability.
Better than expected
Mr. Cooper Group's first quarter of 2024 saw a significant increase in net income and revenue, driven by growth in its servicing portfolio and higher mortgage rates.
Better than expected
Annual Reports (10-K)
Mr. Cooper Group Inc. reports increased revenues and net income for 2024, driven by growth in its servicing portfolio and originations volume.
Delay expected
10-K: Mr. Cooper Group Inc. Reports 2023 Results, Navigates Cybersecurity Incident and Regulatory Changes
Mr. Cooper Group Inc., the largest non-bank mortgage servicer in the U.S., reported its financial results for 2023, highlighting growth in its servicing portfolio, a decrease in originations, and the impact of a cybersecurity incident.
Delay expected
Worse than expected
Insider Trading (Form 4)
Jesse K. Bray's holdings in Maverick Merger Sub 2, LLC (COOP) were converted into Rocket Companies, Inc. stock following a merger.
Kurt G. Johnson, EVP & CFO of Maverick Merger Sub 2, LLC, reported the conversion of his common stock and restricted stock units into Rocket Companies, Inc. Class A common stock following the recent merger.
Carlos M. Pelayo's holdings in Maverick Merger Sub 2, LLC (COOP) were converted into Rocket Companies, Inc. stock and RSUs following a merger.
Michael S. Weinbach's equity holdings in Maverick Merger Sub 2, LLC were converted into Rocket Companies, Inc. stock and RSUs following a merger.
Steven D. Scheiwe, a director, reported the disposition of all his beneficial ownership in Maverick Merger Sub 2, LLC following a merger.
Director Tagar Olson's 24,306 shares in Maverick Merger Sub 2, LLC were converted into Rocket Companies stock following a two-step merger involving Mr. Cooper Group Inc.
Proxy Statements (Def-14A)
Rocket Companies, Inc. will acquire Mr. Cooper Group Inc. in an all-stock transaction valued at approximately $10.9 billion, creating a fully integrated homeownership platform.
Better than expected
Capital raise
Mr. Cooper Group Inc. will hold its annual shareholder meeting on May 22, 2025, with proxy materials available online.
Mr. Cooper Group will hold its 2025 Annual Meeting of Stockholders on May 22, 2025, featuring proposals on director elections, executive compensation, and auditor ratification.
Better than expected
Mr. Cooper Group emphasizes leadership continuity and performance-based compensation to drive long-term value for shareholders.
Mr. Cooper Group Inc. will hold its annual shareholder meeting on May 23, 2024, to elect directors, conduct an advisory vote on executive compensation, and ratify the appointment of Ernst & Young LLP as the company's independent auditor.
Mr. Cooper Group's proxy statement details the agenda for the 2024 annual meeting, highlights the company's 2023 performance, and outlines executive compensation.
Better than expected
Schedule 13G - Passive Investments
The Vanguard Group has reported a 10.52% beneficial ownership stake in Mr Cooper Group Inc, holding 6,732,051 shares of common stock as of June 30, 2025.
SCHEDULE 13G/A: BlackRock Amends Stake in MR Cooper Group, Now Holds 11.4%
BlackRock, Inc. has filed an Amendment No. 8 to Schedule 13G, disclosing a beneficial ownership of 11.4% of MR Cooper Group Inc.'s common stock as of June 30, 2025.