Mr. Cooper Group Inc. released its fourth quarter 2024 financial results on February 12, 2025, reporting an income before income tax expense of $280 million and a net income of $204 million. The company's pretax operating income, excluding mark-to-market and other adjustments, stood at $235 million. This performance reflects continued operational strength following recent strategic initiatives.
The Servicing segment contributed significantly, recording a pretax operating income of $318 million. The Originations segment also delivered a pretax operating income of $47 million, demonstrating its role in generating servicing assets. The company achieved an operating Return on Tangible Common Equity (ROTCE) of 15.8% for the quarter.
Funded volume in the Originations segment reached approximately $9.290 billion in UPB, with pull-through adjusted volume at $9.063 billion. These results underscore Mr. Cooper Group's ability to maintain consistent performance across its core business segments. The company's financial health provides a solid foundation for its ongoing operations and future growth.
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