Mr. Cooper Group Inc. (NASDAQ:COOP) Q1 2023 Earnings Conference Call April 26, 2023 10:00 AM ET
Company Participants
Ken Posner - Senior Vice President of Strategic Planning and Investor Relations
Jay Bray - Chairman and Chief Executive Officer
Christopher Marshall - Vice Chairman and President
Kurt Johnson - Executive Vice President and Chief Financial Officer
Conference Call Participants
Kevin Barker - Piper Sandler & Co.
Douglas Harter - Credit Suisse AG
Giuliano Bologna - Compass Point Research & Trading, LLC
Bose George - Keefe, Bruyette, & Woods, Inc.
Eric Hagen - BTIG, LLC
Derek Sommers - Jefferies LLC
Operator
Good day, and thank you for standing by, and welcome to Mr. Cooper Group Q1 2023 Earnings Conference 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] Please be advised that today's conference is being recorded.
We will now begin our conference.
Ken Posner
Good morning, and welcome to Mr. Cooper Group's first 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; Chris Marshall, Vice Chairman and President; and Kurt Johnson, Executive Vice President and CFO.
As a quick reminder, this call is being recorded. Also, 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 to 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, and welcome to our call. I'll start with the quarterly highlights as we always do. But first, I'd like to introduce our new CFO, Kurt Johnson. Kurt is a 25-year industry veteran with extensive experience in operations, treasury and finance. After joining Mr. Cooper in 2015, he oversaw our Project Titan servicing transformation, which as you recall consisted of a series of major technology investments in our platform. He then served as Chief Risk and Compliance Officer, during which time he emerged as a powerhouse, not only inside the company, but also within the industry where he has frequently sought out for his deep understanding of complex rules and regulations within the mortgage market. Welcome, Kurt.