Mr Cooper Group Inc Says Expect Originations Systems To Be Fully Operational Shortly, Following Reestablishment Of Connectivity With Vendors And Agencies; Already Resumed Buying Mortgage Servicing Rights
Portfolio Pulse from Benzinga Newsdesk
Mr Cooper Group Inc has announced that it expects its originations systems to be fully operational shortly. This follows the reestablishment of connectivity with vendors and agencies. The company has already resumed buying mortgage servicing rights, according to an SEC 8K filing.
November 09, 2023 | 1:51 pm
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Mr Cooper Group Inc's originations systems are expected to be fully operational soon. The company has resumed buying mortgage servicing rights, which could potentially boost its revenues.
The news directly pertains to Mr Cooper Group Inc and its operations. The reestablishment of its originations systems and the resumption of buying mortgage servicing rights could potentially lead to increased revenues, which could positively impact the company's stock price in the short term.
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