Mr. Cooper Group Inc. (NASDAQ: COOP) has reported its financial results for the second quarter of 2025. The company achieved an income before income tax expense of $277 million and a net income of $198 million. The pretax operating income, excluding other mark-to-market and other adjustments, was $269 million, with adjustments including other mark-to-market net of hedges amounting to $30 million. President Mike Weinbach highlighted the company's strong performance in servicing and originations. The quarter saw a 10% increase in pull-through adjusted volume to $9.7 billion from the previous quarter's $8.8 billion. Funded volume also rose to $9.4 billion from $8.3 billion in the prior quarter. The refinance recapture percentage decreased to 47% from 51% in the previous quarter, while the recapture percentage reduced to 17% from 19%. The purchase volume as a percentage of funded volume slightly decreased to 70% from 72%. Additionally, Chairman and CEO Jay Bray noted the company's consistent performance and momentum as it approaches a merger with Rocket.