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Mr. CooperGroup • FOR IMMEDIATE RELEASE MR . COOPER GROUP REPORTS THIRD QUARTER 2021 RESULTS Reported total net income of $ 299 million and $ 3.29 per diluted share , equivalent to ROCE of 36 % • Generated pretax operating income of $ 263 million , equivalent to ROTCE of 25.2 % • • Book value per share increased to $ 43.40 and Tangible book value per share increased to $ 41.56 Originations generated GAAP pretax income of $ 271 million and pretax operating income of $ 273 million on funded volume of $ 19.9 billion • Recognized as a Great Place To Work for the third year in a row Dallas , TX ( October 28 , 2021 ) - Mr. Cooper Group Inc. ( NASDAQ : COOP ) ( the “ Company ” ) , which principally operates under the Mr. CooperⓇ and Xome® brands , reported a third quarter net income of $ 299 million or $ 3.29 per diluted share . The Company reported pretax operating income of $ 263 million , which excluded mark - to - market and other items . The mark - to - market adjustment was $ 153 million in the quarter and other items included $ 7 million gain from the sale of Xome valuations , $ 4 million in transaction - related costs associated with the Title365 sale , $ 2 million in charges related to corporate actions , $ 3 million of intangible amortization , and $ 15 million pretax loss from discontinued operations . Chairman and CEO Jay Bray commented , " We took several steps this quarter to rationalize and simplify the business model , allowing us to make progress towards our strategic goals , at the same time that we delivered strong operating results , took care of our customers , and grew our portfolio . " Chris Marshall , Vice Chairman , President , and CFO added , “ In addition to generating excellent operating performance , we increased our liquidity and our capital ratios , which positions us for additional growth . "