Robert Gidel to Retire as Director of Mr. Cooper Group Inc, Effective October 27, 2021
August 24, 2021 at 07:00 am EDT
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On August 23, 2021, Mr. Cooper Group Inc. disclosed that in accordance with the retirement provisions contained in the Company’s corporate governance guidelines, Robert Gidel will retire as a director of the Company effective October 27, 2021.
Mr. Cooper Group Inc. provides servicing, origination and transaction-based services related to single family residences throughout the United States under the Mr. Cooper and Xome brands. The Company is also a home loan servicer and originator in the country focused on delivering a variety of servicing and lending products, services and technologies. The Company's Servicing segment performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans. The Company's Originations segment originates residential mortgage loans through its direct-to-consumer channel, which provides refinance options for its existing customers, and through its correspondent channel, which purchases or originates loans from mortgage bankers. The Companyâs subsidiaries are Home Point Capital Inc., and Roosevelt Management Company, LLC.