Mr Cooper Group Inc (COOP)

[mordicai]

12/4/19 8k

Mr. Cooper Group Inc. (the “Company”) has announced that Chris Marshall, Vice Chairman and Chief Financial Officer, will attend the Bank of America Merrill Lynch Leveraged Finance Conference on December 4, 2019, in Boca Raton, FL. The Company intends to use the presentation furnished as Exhibit 99.1 to this Form 8-K at investor meetings during the conference. The presentation discloses, among other things, that (i) interest-rate lock volume was $4.8 billion in October 2019 and estimated at $3.5 billion in November 2019, with Originations pretax margins averaging 1.1%, reflecting typical seasonal patterns, and (ii) prepayment speeds have remained high so far in the fourth quarter, with forward owned CPRs of 20.3% in October 2019 and 17.8% in November 2019.

Investor Update link:

https://www.sec.gov/Archives/edgar/data/933136/000115752319002317/a52139489ex99_1.htm