Mr. Cooper Group Inc. (COOP) CEO Jay Bray on Q2 2020 Results - Earnings Call Transcript

Mr. Cooper Group Inc. (NASDAQ:COOP) Q2 2020 Earnings Conference Call July 30, 2020 9:00 AM ET

Company Participants

Ken Posner - Senior Vice President of Strategic Planning & Investor Relations
Jay Bray - Chairman & Chief Executive Officer
Chris Marshall - Vice Chairman & Chief Financial Officer

Conference Call Participants

Bose George - KBW
Doug Harter - Credit Suisse
Mark Hammond - Bank of America
Kevin Barker - Piper Sandler
Giuliano Bologna - BTIG

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Mr. Cooper Group Second Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder, today's program may be recorded.

I would now like to introduce your host for today's program, Mr. Ken Posner, Senior Vice President of Strategic Planning and Investor Relations. Please go ahead.

Ken Posner

Good morning, and welcome to Mr. Cooper Group's second quarter earnings call. My name is Ken Posner, and I'm SVP of Strategic Planning and Investor Relations. With me today are Jay Bray, Chairman and CEO; and Chris Marshall, Vice Chairman and CFO.

As a quick reminder, this call is being recorded, and you can find the slides on our Investor Relations webpage at investors.mrcoopergroup.com. During the call, we may refer to non-GAAP measures, which are reconciled into GAAP results in the appendix to the slide deck. Also, we may make forward-looking statements, which you should understand could be affected by risk factors that we've identified in our 10-K and other SEC filings. We are not undertaking any commitment to update these statements if conditions change.

I'll now turn the call over to Jay.

Jay Bray

Thanks, Ken, and good morning, everyone. Let's start, as we normally do by reviewing the quarterly highlights