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On October 31, 2023, Mr. Cooper was the subject of a cyber-attack which forced the company to suspend its online services for four days, from November 1 to November 5, 2023. [17] The company promised to ensure that customers will not be assessed late fees, penalties, or hits to their credit score due to the service outage. [18]
The company stated that the name change was meant to "personalize the mortgage experience". [6] In 2018 Nationstar and WMI Holdings Corporation (WMIH), the corporate successor to the defunct Washington Mutual, merged. As a result, Nationstar was delisted from the New York Stock Exchange and WMIH changed its name to Mr. Cooper Group. [7]
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Mr. Cooper, a popular mortgage lender in the U.S., said it suffered a cyberattack on Oct. 31 that forced it to lock down its systems, preventing customers from paying their mortgages or loans for ...
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Image source: The Motley Fool. Mr. Cooper Group (NASDAQ: COOP) Q3 2024 Earnings Call Oct 23, 2024, 10:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers ...