MR. COOPER GROUP INC Accrued Expenses

Accrued Expenses of COOP for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.


Highlights and Quick Summary

  • Accrued Expenses for the quarter ending September 29, 2017 was $57 Thousand (a 338.46% increase compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses increased by 159.09%
  • Annual Accrued Expenses for 2016 was $22 Thousand (a -33.33% decrease from previous year)
  • Annual Accrued Expenses for 2015 was $33 Thousand (a -25.0% decrease from previous year)
  • Annual Accrued Expenses for 2014 was $44 Thousand (a -56.86% decrease from previous year)
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Historical Accrued Expenses of MR. COOPER GROUP INC

Most recent Accrued Expensesof COOP including historical data for past 10 years.

Interactive Chart of Accrued Expenses of MR. COOPER GROUP INC

MR. COOPER GROUP INC Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2017 $0.06 $0.01 $0.02
2016 $0.02 $0.03 $0.03 $0.03 $0.02
2015 $0.03 $0.04 $0.04 $0.04 $0.03
2014 $0.04 $0.04
2013 $0.1 $0.1

Business Profile of MR. COOPER GROUP INC

Sector: Finance
Industry: Finance
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through Servicing, Originations, and Xome segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans as well as operates as a subservicer for various clients that own the underlying servicing rights. The Originations segment originates, purchases, and sells mortgage loans. The Xome segment offers technology and data enhanced solutions to home buyers, home sellers, mortgage professionals, real estate professionals, and companies engaged in the servicing and origination of mortgage loans. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is based in Coppell, Texas.