Does the Nation’s largest non-bank servicer of residential mortgages deserve your attention?
Will the rise of remote work play in this company’s favor?
Executive Summary: I like this company a lot. Even so, I cannot answer it as a stock to add to a portfolio. I do not understand their business and accounting to give an accurate answer. Certainly, keep an eye on this company.
Company Profile
Mr. Cooper Group engages in the provision of residential loan services. It has multiple segments that do loan origination and servicing. They also own Champion mortgage, xome and Title 365.
Xome offers data solutions to financial business, such as banks, investment companies, and real estate.
Financials
It posses a weak margin of safety. However, it is crucial to pay attention to business models as that affects their money management. This is my first time analyzing a loan company so I am unsure as to what makes a good balance sheet for that industry.
Performance- Compared against the S&P 500
Their stock performance is a bit sporadic. For the 5/3/1 year return, it overperforms greatly. It is the YTD/10-year return where it underperforms.
Leadership
Outlook
I cannot give a definitive answer because I do not now how to evaluate this type of company.
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Sources
COOP Stock Price | Mr. Cooper Group Inc. Stock Quote (U.S.: Nasdaq) | MarketWatch
COOP | Mr. Cooper Group Inc. Profile | MarketWatch
COOP | Mr. Cooper Group Inc. Advanced Charts | MarketWatch
COOP | Mr. Cooper Group Inc. Annual Income Statement | MarketWatch
Mr. Cooper Group Inc. (Form: 10-K, Received: 02/23/2021 07:05:20) (d18rn0p25nwr6d.cloudfront.net) 2020 10k
- This is not investment advice or guidance*
- I know that this stock review is lackluster. However, I cannot in good faith give a judgment about this company.
