Mr. Cooper

Dallas, United States Founded: 1994 • Age: 32 yrs Acquired By RocketCompanies
Provider of an app-based platform for residential mortgage loans
Annual revenue $2.2B Latest available
Total funding - Funding intelligence
Employees 7900 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Mr. Cooper

Mr. Cooper is a company based in Dallas (United States) founded in 1994 was acquired by RocketCompanies in March 2025. The company has 7,900 employees as of December 31, 2024. Mr. Cooper has completed 1 acquisition, including Pacific Union Financial. Mr. Cooper offers products and services including Home Equity Loan, Refinancing Service, and Mobile App. Mr. Cooper operates in a competitive market with competitors including Better Mortgage, loanDepot, Hometap, Rocket Mortgage and NewRez, among others.

  • Headquarter Dallas, United States
  • Employees 7900 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mr. Cooper Group Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.2 B (USD)
    22.89
    as on Dec 31, 2024
  • Net Profit
    $669 M (USD)
    33.8
    as on Dec 31, 2024
  • EBITDA
    $989 M (USD)
    41.49
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    7900

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    RocketCompanies

    (Mar 31, 2025)

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IPO & Listings of Mr. Cooper

Mr. Cooper is a publicly listed company on the NASDAQ with ticker symbol COOP in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: COOP · Sector: Finance · USA

Products & Services of Mr. Cooper

Mr. Cooper offers a comprehensive portfolio of products and services, including Home Equity Loan, Refinancing Service, and Mobile App.

Product name locked
Category locked
Primary

Enables borrowing against home equity for expenses like repairs.

Product name locked
Category locked
Locked

Assists in refinancing existing loans to adjust rates or terms.

Product name locked
Category locked
Locked

Platform for managing payments, scores, and mortgage documents securely.

People of Mr. Cooper

Headcount 5000-10000
Employee Profiles 374
Board Members and Advisors 7
Employee Profiles
People
Manoj Sakkaravarthi
Manager Data Engineering
People
Carlos M. Pelayo
EVP & Chief Legal Officer
People
Andrew Repp
Principal
People
Travis Scott
Senior Data Analyst

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Board Members and Advisors
people
Andrew Bon Salle
Director

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Funding Insights of Mr. Cooper

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Detailed funding history for Mr. Cooper

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Investors in Mr. Cooper

Mr. Cooper has secured backing from 1 investor. Prominent investors backing the company include Rocket Companies.

All
Investor Description Founded Year Domain Location
Market trends and startup investments are analyzed by the platform.
Locked Locked Locked
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Investor details for Mr. Cooper

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Investments & Acquisitions by Mr. Cooper

Mr. Cooper has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pacific Union Financial.

Investments
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Investment portfolio details for Mr. Cooper

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Home loans provider
Locked Locked 2004 Locked
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Complete acquisition details for Mr. Cooper

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Financial Statements - Mr. Cooper

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Detailed financials for Mr. Cooper

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Mr. Cooper Comparisons

Mr. Cooper Primary company
Description
Provider of an app-based platform for residential mortgage l...
Location
Dallas, United States
Founded Year
1994
Annual Revenue
$2.2 B (USD)
Net Profit
$669 M (USD)
EBITDA
$989 M (USD)
Employees
7,900
As of 2024
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Peer comparison for Mr. Cooper

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Mr. Cooper

Mr. Cooper operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Better Mortgage, loanDepot, Hometap, Rocket Mortgage and NewRez, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Residential mortgage loans are facilitated via an online marketplace.
Locked Locked Locked
Consumer loans for personal and home needs are provided online.
Locked Locked Locked
Provider of Home loans
Locked Locked Locked
Residential mortgage loans are offered via an online platform.
Locked Locked Locked
An online platform for mortgage lending and refinancing is offered.
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Detailed competitors of Mr. Cooper

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Latest news on Mr. Cooper

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Complete news archive for Mr. Cooper

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  • Source and publication date
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Frequently Asked Questions about Mr. Cooper

Mr. Cooper was founded in 1994.

Mr. Cooper is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

Jay Bray is the current CEO of Mr. Cooper.

As of Dec 31, 2024, the latest employee count at Mr. Cooper is 7,900.

Annual revenue of Mr. Cooper is $2.2B as on Dec 31, 2024.

Provider of an app-based platform for residential mortgage loans. It provides users with a platform that enables consumers to obtain loans for purchasing residential properties with customized terms, amounts, and repayment options. It offers multiple loan types including conventional loans, fixed and adjustable-rate mortgages, FHA loans, VA loans, and more. It features AI-based insights and recommendations on debt repayment, lowered mortgage payments, and more. The application is available on Android and iOS platforms.

Mr. Cooper's top competitors include loanDepot, Better Mortgage and Rocket Mortgage.

Mr. Cooper offers Home Equity Loan, Refinancing Service, and Mobile App.

Yes, Mr. Cooper is publicly traded on NASDAQ under the ticker symbol COOP.

Mr. Cooper has made 1 acquisition, including Pacific Union Financial.

Mr. Cooper has 1 investor. Key investors include Rocket Companies.

The ticker symbol of Mr. Cooper is COOP on NASDAQ.

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