Mr. Cooper Group, founded in 1994, is a non-bank servicer and major originator of residential mortgage loans.
Mr. Cooper Group Inc., formerly known as WMI Holdings Corp. and Washington Mutual, Inc., was founded in 1994 and is headquartered in Dallas, US. Its Servicing segment collects loan payments, remits principal and interest to investors and manages escrow funds, while its Originations segment, through the Xome subsidiary, handles real estate-owned disposition and refinancing. In February 2022 Sagent M&C, LLC agreed to acquire a minority stake from Blum Capital Partners for USD 9.9 million in cash. Revenue was USD 3.3 billion in 2021 and USD 2.7 billion in 2020.
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