Jay Bray is the CEO of Mr. Cooper Group, a leading player in the mortgage servicing industry. He has over 30 years of experience in finance, and he's been instrumental in transforming the company into the largest non-bank servicer of...
Jay Bray is the CEO of Mr. Cooper Group, a leading player in the mortgage servicing industry. He has over 30 years of experience in finance, and he's been instrumental in transforming the company into the largest non-bank servicer of mortgages in the U.S. Since taking the helm in 2018, he has grown the company's portfolio from $21 billion to an impressive $992 billion today, showcasing both his strategic vision and ability to adapt in a changing market. Under his leadership, Mr. Cooper has made significant acquisitions, including Home Point Capital, which expanded their market presence. The company has seen strong financial performance, reporting a net income of $500 million in 2023 and achieving high shareholder returns. Jay also emphasizes a performance-based compensation structure, aligning his interests with those of the shareholders. He holds a Bachelor's degree in Business Administration from the University of Texas. Jay's leadership style is practical, focusing on delivering value and driving company growth while also being committed to diversity and inclusion within the company. He's recognized for creating a workplace that has repeatedly earned accolades as a great place to work, focusing on customer satisfaction and innovative solutions.