When was Mr. Cooper founded?

Mr. Cooper was founded in 1994.

Where is Mr. Cooper located?

Mr. Cooper is headquartered in Dallas, United States. It is registered at Block 5, Floor 6, DLF SEZ IT Park, Mount Poonamalle Road, Manapakkam, Chennai, Chennai, Tamil Nadu, India, 600089.

How many employees does Mr. Cooper have?

As of Aug 31, 2026, the latest employee count at Mr. Cooper is 4413.

How much is Mr. Cooper worth?

The last known valuation of Mr. Cooper was $***** as of Mar 31, 2025.

Where does Mr. Cooper rank among its competitors?

Mr. Cooper ranks 6th amongst 200 active competitors, of which 9 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Roam, which secured $11.5M in Apr, 2025.

Who are the top competitors of Mr. Cooper?

Mr. Cooper's top competitors include Better Mortgage, loanDepot and Pennymac. Among them, Roam secured the most recent funding round in April, 2025.

Mr. Cooper - 2026 Company Profile, Team, Funding & Competitors

Q: Is Mr. Cooper an acquired company?

Mr. Cooper got acquired by RocketCompanies on Mar 31, 2025.

Company Details

Provider of an app-based platform for residential mortgage loans. It provides users with a platform that enables consumers to obtain loans for purchasing residential properties with customized terms, amounts, and repayment options. It offers multiple loan types including conventional loans, fixed and adjustable-rate mortgages, FHA loans, VA loans, and more. It features AI-based insights and recommendations on debt repayment, lowered mortgage payments, and more. The application is available on Android and iOS platforms.

Website: www.mrcooper.com/
Social
Email ID: *****@mrcooper.com
Phone Number: +1 **********
Part Of
Registered Address: Block 5, Floor 6, DLF SEZ IT Park, Mount Poonamalle Road, Manapakkam, Chennai, Chennai, Tamil Nadu, India, 600089

Key Metrics

Founded Year

1994

Location

Dallas, United States

Stage

Acquired

Last Known Valuation

$***** as on Mar 31, 2025

Investors

Long Ridge

Ranked

6^th among 200 active competitors

Employee Count

4,413 as on Aug 31, 2026

Investment & Acquisitions

Pacific Union Financial & 1 more

Similar Companies

Better Mortgage & 285 more

Exit Details

Acquired by RocketCompanies (Mar 31, 2025)

View Mr. Cooper's full profile

Mr. Cooper is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NSM SERVICES PRIVATE LIMITED CIN: U72200TN2015PTC101740 , India, Active	Aug 10, 2015	₹100 - ₹500 Cr (As on Mar 31, 2025)	2313 (As on Feb 29, 2024)
XOME SERVICES INDIA PRIVATE LIMITED CIN: U74999TN2014FTC098490 , India, Active	Dec 17, 2014	₹10 - ₹50 Cr (As on Mar 31, 2024)	127 (As on Sep 30, 2024)

Mr. Cooper got acquired by RocketCompanies on Mar 31, 2025 at an acquisition amount of $*****.

Click here to take a look at Mr. Cooper's acquisition in detail

Mr. Cooper is a funded company. Mr. Cooper has 1 institutional investor.

View details of Mr. Cooper's funding rounds and investors

Here are the details of Mr. Cooper's key team members:

Jay Bray: CEO of Mr. Cooper.
Contact Info: 1 email address

Mr. Cooper's Board of Directors

Mr. Cooper's board has 3 active members. Anand Mohanram, James Earl Jones Jr and Gurumurthy Balasubramhanyan are independent board members.

Here is the list of Mr. Cooper's board of directors:

Name	Type	Representing	Status	Duration
Anand Mohanram	Independent board member	-	Current	9y 8m
xydmrab	Independent board member	-	Current	6y 7m
fqgpxod	Independent board member	-	Current	8y 4m

View details of Mr. Cooper's Founder profiles and Board Members

Mr. Cooper's employee count trend

Mr. Cooper has 4,413 employees as of Aug 26. Here is Mr. Cooper's employee count trend over the years:

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Top competitors of Mr. Cooper include Better Mortgage, loanDepot and Pennymac. Here is the list of Top 10 competitors of Mr. Cooper, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Better Mortgage 2014, New York City (United States), Series E	Online marketplace offering residential mortgage loans for consumers	$980M	Activant Capital, Hoopp & 35 others	77/100
2nd	loanDepot 2010, Lake Forest (United States), Public	Mortgage lender providing home loans, refinancing, and home equity solutions	$71.9M	Parthenon Capital	71/100
3rd	Pennymac 2008, Westlake Village (United States), Public	Provider of home loan origination and servicing solutions. This company offers a full suite of mortgage products, including purchase loans, refinance options, and home equity loans. They support various loan types, such as conventional, FHA, VA, and jumbo loans. The company also provides comprehensive support services for existing loan holders, including account management and payment processing. They utilize a combination of online platforms and dedicated loan officers to assist customers throughout the entire loan process.	-	-	65/100
4th	Rocket Mortgage 1999, Detroit (United States), Public	Online platform for mortgage loans	-	-	64/100
5th	NewRez 2008, Washington (United States), Funding Raised	Provider of an online lending platform for mortgage loans	-	Rithm Capital	61/100
6th	Mr. Cooper 1994, Dallas (United States), Acquired	Provider of an app-based platform for residential mortgage loans	-	Long Ridge	58/100
7th	Movement Mortgage 2008, Fort Mill (United States), Funding Raised	Online and mobile app based mortgage loans	-	-	57/100
8th	Roam 2023, New York City (United States), Series A	Lending platform offering residential mortgage financing	$15.8M	Khosla Ventures, Founders Fund & 8 others	52/100
9th	FBC Mortgage 2005, Orlando (United States), Unfunded	Home loans provider	-	-	47/100
10th	A&D Mortgage 2005, Hollywood (United States), Unfunded	Online platform for mortgage loans	-	-	46/100