Item 7.01 Regulation FD Disclosure.

Mr. Cooper Group Inc. ("Mr. Cooper" or "the Company") issued a press release today announcing that it has entered into a definitive agreement for the sale of its Reverse servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management, LLC and its affiliates ("MAM"). Upon the close of the transaction, which is subject to regulatory approvals and other closing conditions and is expected prior to year end, MAM and its affiliates will assume Champion's reverse portfolio and related operations. The terms of the transaction have not been disclosed; however, the Company does not expect a significant impact on second quarter results. The sale will reduce Mr. Cooper's servicing portfolio by approximately $16 billion in unpaid principal balance and decrease its balance sheet by approximately $5 billion in HECM and other assets. Pending the close of the transaction, the Company will carry the Reverse business in discontinued operations. A copy of the press release, which is attached to this Current Report on Form 8-K as Exhibit 99.1, is hereby furnished pursuant to this Item 7.01. The information in this Item 7.01 and Exhibit 99.1 are furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.



The following materials are attached as exhibits to this Current Report on Form
8-K:

 Exhibit
  Number     Description
   99.1        Press Release
   104       The cover page from this Current Report on Form 8-K formatted in
            Inline XBRL (included as Exhibit 101)

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