earnings
confidence high
sentiment positive
materiality 0.75
Mr. Cooper reports Q2 net income $198M; servicing portfolio up 25% YoY
Maverick Merger Sub 2, LLC
2025-Q2 EPS reported
$4.40
revenue$1,168,000,000
- Net income of $198M, pretax operating income $269M; ROCE 15.9%, operating ROTCE 17.2%.
- Servicing portfolio grew 25% y/y to $1,509B; pretax operating income $332M (excl. mark-to-market).
- Originations pretax operating income $64M; funded $9.4B UPB (33,051 loans), up 14% QoQ.
- Subsequent to quarter-end, launched MSR Fund with initial $200M commitment.
- CEO Jay Bray cited consistent performance and momentum toward pending Rocket merger.
item 2.02item 9.01