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Michael R. Rawls net worth and biography
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Michael Rawls Biography and Net Worth

CEO of Mr. Cooper Group

Mike Rawls serves as Executive Vice President & Chief Executive Officer of Xome. Prior to joining Xome in 2020, 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. Since joining the company in 2000, Mike has served in several leadership positions including as President of Champion Mortgage and senior roles in the company’s originations channels.

Previously, Mike held leadership roles at Banc One Financial Services from 1997 to 1999 and at Household Financial Services from 1991 to 1997.

Mike received a B.A. in Business Management from Virginia Wesleyan College.

What is Michael R. Rawls' net worth?

The estimated net worth of Michael R. Rawls is at least $5.45 million as of May 7th, 2024. Mr. Rawls owns 57,623 shares of Mr. Cooper Group stock worth more than $5,448,255 as of December 23rd. This net worth approximation does not reflect any other assets that Mr. Rawls may own. Additionally, Mr. Rawls receives an annual salary of $1,490,000.00 as CEO at Mr. Cooper Group. Learn More about Michael R. Rawls' net worth.

How old is Michael R. Rawls?

Mr. Rawls is currently 54 years old. There are 5 older executives and no younger executives at Mr. Cooper Group. The oldest executive at Mr. Cooper Group is Mr. Kenneth A. Posner, Senior Vice President of Strategic Planning & Investor Relations, who is 61 years old. Learn More on Michael R. Rawls' age.

What is Michael R. Rawls' salary?

As the CEO of Mr. Cooper Group Inc., Mr. Rawls earns $1,490,000.00 per year. There are 2 executives that earn more than Mr. Rawls. The highest earning executive at Mr. Cooper Group is Mr. Jesse K. Bray, Chairman & CEO, who commands a salary of $5,640,000.00 per year. Learn More on Michael R. Rawls' salary.

How do I contact Michael R. Rawls?

The corporate mailing address for Mr. Rawls and other Mr. Cooper Group executives is 8950 Cypress Waters Blvd, Coppell TX, 75019. Mr. Cooper Group can also be reached via phone at (469) 549-2000 and via email at [email protected]. Learn More on Michael R. Rawls' contact information.

Has Michael R. Rawls been buying or selling shares of Mr. Cooper Group?

Michael R. Rawls has not been actively trading shares of Mr. Cooper Group within the last three months. Most recently, Michael R. Rawls sold 27,000 shares of the business's stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $82.18, for a transaction totalling $2,218,860.00. Following the completion of the sale, the chief executive officer now directly owns 57,623 shares of the company's stock, valued at $4,735,458.14. Learn More on Michael R. Rawls' trading history.

Who are Mr. Cooper Group's active insiders?

Mr. Cooper Group's insider roster includes Jesse Bray (Chairman & CEO), Eldridge Burns (EVP), Robert Gidel (Director), Shveta Mujumdar (Director), Michael Rawls (CEO), and Michael Weinbach (President). Learn More on Mr. Cooper Group's active insiders.

Are insiders buying or selling shares of Mr. Cooper Group?

In the last year, Mr. Cooper Group insiders bought shares 1 times. They purchased a total of 17,000 shares worth more than $1,209,720.00. In the last year, insiders at the sold shares 9 times. They sold a total of 237,000 shares worth more than $19,258,560.00. The most recent insider tranaction occured on December, 2nd when CEO Jesse K Bray sold 30,000 shares worth more than $2,927,400.00. Insiders at Mr. Cooper Group own 2.3% of the company. Learn More about insider trades at Mr. Cooper Group.

Information on this page was last updated on 12/2/2024.

Michael R. Rawls Insider Trading History at Mr. Cooper Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/7/2024Sell27,000$82.18$2,218,860.0057,623View SEC Filing Icon  
8/2/2023Sell33,000$59.17$1,952,610.0082,263View SEC Filing Icon  
See Full Table

Michael R. Rawls Buying and Selling Activity at Mr. Cooper Group

This chart shows Michael R Rawls's buying and selling at Mr. Cooper Group by year and by quarter.

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Mr. Cooper Group Company Overview

Mr. Cooper Group logo
Mr. Cooper Group Inc., together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs 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, performing collections, foreclosures, and the sale of real estate owned. The Originations segment originates residential mortgage loans through its direct-to-consumer and correspondent channels. The company provides its services 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. was incorporated in 2015 and is based in Coppell, Texas.
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Today's Range

Now: $93.60
Low: $93.40
High: $95.37

50 Day Range

MA: $95.55
Low: $87.37
High: $101.43

2 Week Range

Now: $93.60
Low: $61.38
High: $103.05

Volume

602,144 shs

Average Volume

451,895 shs

Market Capitalization

$5.99 billion

P/E Ratio

12.09

Dividend Yield

N/A

Beta

1.41
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