Item 7.01 Regulation FD Disclosure.

In connection with a series of investor meetings on November 12, 2020, Mr. Cooper Group Inc. (the "Company") intends to use an investor presentation furnished as Exhibit 99.1 to this Current Report on Form 8-K, which includes supplemental disclosures about its subsidiary Xome on pages 28 and 29. Additionally, the Company disclosed an update on 4Q'20 operational trends, including the following:

? Correspondent net lock(1) volumes in the month of October were a record $4.6

billion and fundings were a record $3.6 billion. Correspondent revenue margins

as a percentage of net locks declined to 0.66% in October from 0.81% in the

third quarter, as the Company brought pricing in line with market to more

aggressively grow volumes.

? Direct-to-consumer (DTC) net lock(1) volumes in the month of October were $3.2

billion, and fundings were a record $3.5 billion. DTC revenue margins

increased to 5.82% in October from 5.46% in the third quarter, reflecting

favorable secondary market conditions.

? Purchase refinance mix on funded volume in the month of October was 66%

refinance in the Correspondent channel and 98% refinance in the DTC channel

? Prepayment speeds have come in higher than expected so far in the fourth

quarter, with forward owned CPRs averaging 28% through November 10th, 2020,

compared to 25.9% for the third quarter. As a result, the Company expects the

servicing margin to come in at approximately negative 2.3-2.8 basis points for

the fourth quarter, compared to negative 0.1 basis points in the third quarter.

The information furnished pursuant to this Item 7.01 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor will such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. Our actual results could differ materially from those predicted or implied. Undue reliance should not be placed on the forward-looking statements in this Current Report on Form 8-K. We assume no obligation to update such statements.

(1) Net lock volume is adjusted for fallout

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits

Exhibit
Number                              Description

  99.1       Mr. Cooper Group Investor Update, dated November 12, 2020.

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