Mr. Cooper Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits
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| Item 2.02 | Results of Operations and Financial Condition. |
On July 25, 2024, Mr. Cooper Group Inc. (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2024. A copy of the press release is attached as Exhibit 99.1 and will be published in the Investors section on the Company’s website at www.mrcoopergroup.com. In connection with the release and the related conference call, the Company posted a presentation relating to its second quarter ended June 30, 2024 financial results in the Investors section on the Company’s website.
The press release and presentation include certain non-generally accepted accounting principles financial measures. Reconciliations to the most directly comparable generally accepted accounting principles financial measures are included in the press release and the presentation.
The information furnished pursuant to this Item 2.02 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
| Item 8.01 | Other Events. |
On July 24, 2024, (1) Nationstar Mortgage LLC, a Delaware limited liability company and the Company’s operating subsidiary (“Nationstar”), entered into an Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights with Flagstar Bank, N.A., a national banking association and a wholly owned subsidiary of New York Community Bank (“Flagstar”), pursuant to which, and upon the terms and subject to the conditions therein, Flagstar has agreed to sell, and Nationstar has agreed to purchase, certain mortgage servicing rights held by Flagstar and (2) Nationstar and Flagstar entered into an Asset Purchase Agreement, pursuant to which, and upon the terms and subject to the conditions therein, Flagstar has agreed to sell, and Nationstar has agreed to purchase, certain other assets of Flagstar, including its mortgage servicing and subservicing assets and contracts.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit Number |
Exhibit | |
| 99.1 | Press release of Mr. Cooper Group Inc., dated July 25, 2024 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Mr. Cooper Group Inc. | |||||
| Date: July 25, 2024 |
By: |
/s/ Kurt Johnson | |||
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Kurt Johnson Executive Vice President & Chief Financial Officer | |||||