Mr. Cooper Group Names Mike Rawls Chief Executive Officer of Xome®
January 09 2020 - 9:00AM
Business Wire
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the
appointment of Mike Rawls as Chief Executive Officer of Xome
Holdings LLC (“Xome”), the company’s real estate services
subsidiary. In taking on this new role, he will transition
operational leadership for the servicing segment to Tony Ebers, Mr.
Cooper’s Executive Vice President and Chief Operating Officer.
Rayman Mathoda, who previously served as CEO of Xome, will remain
with the company as a strategic advisor, and we wish her tremendous
success as she pursues her career passion in life sciences.
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Mike Rawls, Executive Vice President
& Chief Executive Officer, Xome Holdings LLC (Photo: Business
Wire)
“We thank Ray for her many contributions to Xome, including the
successful integration of Assurant Mortgage Services,” said Jay
Bray, Chairman and CEO of Mr. Cooper Group. “Given Mike’s track
record with our servicing business, he is in a unique position to
help Xome achieve its full potential as a leading integrated
services provider for the mortgage industry.” Bray added, “Mike has
led our servicing and originations businesses in his tenure with
Mr. Cooper. He understands the process and complexities in these
businesses and will work with clients to reduce pain points and
deliver a better client experience.”
Rawls commented, “I’m excited to be working with the very strong
team in place at Xome. The focus of the organization will remain on
delivering best-in-class performance at the highest levels of
service to our partners. In addition, we are going to continue to
actively listen to our clients and build integrated and innovative
solutions that move the marketplace.”
Prior to joining Xome, Mike served as the Executive Vice
President of Servicing for Mr. Cooper Group, where he held
operational responsibility for the company’s entire servicing
portfolio. Mike joined Mr. Cooper in 2000 and was named Executive
Vice President of Servicing for the company in 2015. Previously, he
held key leadership positions in both servicing and
originations.
About Xome
Xome Holdings LLC is a real estate solutions provider serving
mortgage servicers, originators, real estate professionals,
financial institutions and home buyers and sellers. Xome offers
asset management, property disposition, title, close, valuation and
field services through an integrated, technology driven platform.
Based in the Dallas area, Xome is an indirect wholly owned
subsidiary of Mr. Cooper Group Inc. (NASDAQ: COOP). For more
information, please visit www.xome.com.
About Mr. Cooper Group
Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing,
origination and transaction-based services related principally to
single-family residences throughout the United States with
operations under its primary brands: Mr. Cooper® and Xome®. Mr.
Cooper is one of the largest home loan servicers in the country
focused on delivering a variety of servicing and lending products,
services and technologies. For more information, visit
www.mrcoopergroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200109005258/en/
Investor Contact: Kenneth Posner, SVP Strategic Planning and
Investor Relations (469) 426-3633 Shareholders@mrcooper.com
Media Contact: Christen Reyenga, VP Corporate Communications
MediaRelations@mrcooper.com
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