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Mr. Cooper Group Inc - COOP STOCK NEWS

Welcome to our dedicated news page for Mr. Cooper Group (Ticker: COOP), a resource for investors and traders seeking the latest updates and insights on Mr. Cooper Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mr. Cooper Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mr. Cooper Group's position in the market.

Rhea-AI Summary
Mr. Cooper Group Inc. to present at Barclays Global Financial Services Conference on 9/12/2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
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conferences
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Rhea-AI Summary
Plunk partners with Xome to offer AI-driven home remodel analysis for real estate investors on Xome.com
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End-of-Day
1.53%
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AI
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Rhea-AI Summary
Mr. Cooper Group Inc. (COOP) has successfully acquired Home Point Capital Inc. (HMPT) in a transaction that adds scale to their platform, bringing them closer to their $1 trillion strategic target. The acquisition is expected to enhance returns due to attractive yields and positive operating leverage. The tender offer for Home Point shares expired with 98.5% of shares tendered. Following the merger, Home Point became a wholly owned subsidiary of Mr. Cooper, and its shares will be delisted from Nasdaq.
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Rhea-AI Sentiment
End-of-Day
0.62%
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Rhea-AI Summary
Mr. Cooper Group Inc. has completed its acquisition of investment management firm Roosevelt Management Company, LLC and its subsidiaries. The acquisition positions Mr. Cooper to move forward with its asset management strategy. The company aims to make attractive yields available to institutional investors while growing its customer base and operational scale.
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Rhea-AI Sentiment
End-of-Day
0.62%
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Rhea-AI Summary
Mr. Cooper Group Inc. (NASDAQ: COOP) reported a second quarter net income of $142 million, with a ROCE of 14.1%. The company also increased authorization for stock repurchase by $200 million. Servicing UPB grew 10% y/y to $882 billion. Book value per share and tangible book value per share increased to $61.02 and $58.81. The company was certified as a Great Place to Work for the 5th year in a row.
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Rhea-AI Sentiment
End-of-Day
8.19%
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Rhea-AI Summary
Mr. Cooper Group Inc. has extended its offer to acquire all outstanding shares of Home Point Capital Inc. The offer, previously set to expire on July 21, 2023, has been extended until July 31, 2023. As of July 21, approximately 98.3% of the outstanding shares have been tendered into the offer.
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End-of-Day
-0.38%
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-1.4%
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0.72%
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0.93%
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none
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Rhea-AI Sentiment
End-of-Day
4.26%
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Mr. Cooper Group Inc

Nasdaq:COOP

COOP Rankings

COOP Stock Data

4.95B
62.39M
3.58%
90.33%
2.27%
Savings Institutions
Finance and Insurance
Link
US
Coppell