Mr. Cooper stays profitable despite major subservicing exit in Q2
Mr. Cooper's net income for the quarter reached $198 million, a notable increase from $88 million in Q1 2025, though slightly below last year's profit of $204 million.
Southern states have the highest mortgage denial rates
In 2023, Mississippi, Louisiana, and West Virginia had the highest mortgage denial rates in the U.S., highlighting significant state-level disparities in loan acceptance.