Mr. Cooper (COOP) Rises 3% Since Q1 Earnings Beat: Growth Ahead?

Mr. Cooper Group Inc. (COOP) shares rose 2.9% since it reported strong first-quarter 2024 results on Apr 24, 2024. Solid growth in Servicing and Originations units were major tailwinds for the company. The servicing portfolio has reached the $1.1 trillion mark.Investors also seem to be impressed with its focus on technological advancements. The implementation of the mortgage-centric AI platform named Pyro, which was developed in partnership with Google, is boosting efficiency and cost savings for the compan ...