With his decades of experience in mortgage banking, strong relationships with government and industry stakeholders and a detailed understanding of his company’s platform, Kurt Johnson is a major force at Mr. Cooper and in the industry. As chief financial officer, he has been instrumental in setting Mr. Cooper on the path to delivering strong and rising investor returns, a path he has worked behind the scenes in forging during his nearly eight-year tenure at the company. Previously serving as both chief risk and compliance officer and chief credit officer at Mr. Cooper, Johnson led the company by setting all credit risk-related policies and governance, creating infrastructure for homeowner education and opening opportunities for prospective homebuyers to keep their dream of homeownership alive. Since joining Mr. Cooper in 2015, Johnson has established a track record of excellence in leadership, bringing both his colleagues and the broader industry forward. Johnson has extensive experience across originations, servicing, treasury, portfolio management and financial planning.
In his time with Mr. Cooper, Johnson also led servicing transformation efforts, overseeing a multiyear initiative to bring technology and process enhancements to the servicing platform. This initiative was a key driver in giving Mr. Cooper greater scale with a low cost to service that has resulted in 77% portfolio growth during the last five years. Johnson was also heavily involved in the 2018 merger of WMIH Corp. and Nationstar Mortgage Holdings Inc., ultimately forming Mr. Cooper Group as it operates today. Beyond his contributions to the company’s bottom line, he is also a well-regarded leader among the Mr. Cooper team. He serves as executive sponsor for the Pan-African Coopers Empowered (PACE) employee resource team, providing mentorship as the company focuses on advancing inclusion.
What has been the secret to your success?
To be successful long-term, you need to surround yourself with talented people and also share in their achievements. Having worked with so many incredible people over the years and witnessing many rise to prominent positions in financial services companies all across the country, I have learned that it is far better to be a part of a talented team of people who share common goals and achieve mutual success rather than as an individual.
Name:
Kurt Johnson
Title:
Chief FInancial Officer
Company Name:
Mr. Cooper
