Mr. Cooper reports Q1 EPS $1.35 vs. $3.13 last year

Reports Q1 revenue $560M vs. $654M last year. Chairman and CEO Jay Bray commented, “This was another strong quarter, highlighting the power of our platform to deliver consistent, recurring, and predictable results, as well as higher returns. I’m proud of our team for their hard work, which has positioned Mr. Cooper (COOP) to join forces with Rocket to create the industry’s leading integrated homeownership platform. We have formed an integration team and are already working closely with Rocket on post-close planning.”