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Mr. Cooper Group Announces Leadership Transition at Xome
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Mr. Cooper Group Announces Leadership Transition at Xome

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An update from Mr Cooper Group ( (COOP) ) is now available.

Mr. Cooper Group has announced a leadership transition at Xome, with CEO Mike Rawls planning to retire by June 30, 2025. Chris Marshall, former Vice Chairman and President of Mr. Cooper, will take over in a consulting role to ensure a smooth transition, leveraging his extensive experience in financial services and mortgage operations to drive market share growth and new revenue avenues for Xome. This change is expected to bolster Xome’s market position and sustain its growth momentum.

More about Mr Cooper Group

Mr. Cooper Group Inc. (NASDAQ: COOP) is a prominent provider of customer-centric servicing, origination, and transaction-based services primarily for single-family residences throughout the United States. Operating under its main brands, Mr. Cooper, Xome, and Rushmore Servicing, the company is recognized as the largest home loan servicer in the nation, offering a comprehensive suite of servicing and lending products, services, and technologies.

YTD Price Performance: -0.49%

Average Trading Volume: 483,802

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.99B

See more data about COOP stock on TipRanks’ Stock Analysis page.

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