Mr. Cooper Group(COOP) - 2024 Q2 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE MR. COOPER GROUP REPORTS SECOND QUARTER 2024 RESULTS AND ANNOUNCES ACQUISITION OF MORTGAGE OPERATIONS FROM FLAGSTAR Dallas, TX (July 25, 2024) - Mr. Cooper Group Inc. (NASDAQ: COOP) (the "Company"), reported second quarter income before income tax expense of $277 million and net income of$204 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $219 million. Adjustments included other mark-to-market net of hedges o ...