This quarterly report, filed as a Form 10-Q by Mr. Cooper Group Inc., provides a comprehensive overview of the company's financial performance and operational status for the quarter ending June 30, 2025. It details financial statements including balance sheets, statements of operations, and cash flows, alongside extensive notes explaining business activities, significant acquisitions like the Flagstar transaction, and financial instruments such as mortgage servicing rights (MSRs) and derivative instruments. The document also covers liquidity and capital resources, debt obligations including advance, warehouse, and MSR facilities, and compliance with various financial covenants and capital requirements. Additionally, it discusses legal proceedings, risk factors, and recent accounting developments, providing a transparent look into Mr. Cooper Group's position as a prominent residential mortgage servicer and originator.
