Mr. cooper group reports first quarter 2022 results

Dallas--(business wire)--mr. cooper group inc. (nasdaq: coop) (the “company”), which principally operates under the mr. cooper® and xome® brands, reported a first quarter net income of $658 million or $8.59 per diluted share. net income included other mark-to-market of $552 million, which excludes fair value of excess spread accretion of $1 million. excluding other mark-to-market and other items, the company reported pretax operating income of $96 million. other items included $223 million gain
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