Mr. Cooper to add 2,000 new jobs through year end

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Mortgage servicing and origination company Mr. Cooper Group Inc. said Wednesday that it will hire 2,000 new employees through the end of the year, as loan activity has increased with mortgage rates at historically low levels. The new hires in addition to the 3,000 employees already hired this year. “As demand continues to increase in the mortgage space, our team is dedicated to serving our customers, whether it’s helping them refinance their loan, purchase a new home or work with them through forbearance,” said Chief Executive Jay Bray. The company said 97% of its employees are working remotely, at least until 2021, in response to the COVID-19 pandemic. The stock, which gained 0.8% in premarket trading, has run up 53.4% year to date through Tuesday, while the S&P 500 has tacked on 9.2%.
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