Jesse Bray

Chairman & Chief Executive Officer, Mr Cooper

Search every verified Jesse Bray interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Jesse Bray, chairman and CEO of Mr. Cooper Group, has discussed the company's focus on its mortgage servicing business amid a high-interest-rate environment. In September 2024, Bray stated that the servicing business was performing well as existing homeowners remained in their homes, and he noted that the company had acquired over $160 billion in new unpaid principal balance (UPB) that year, projecting it would cross a trillion-dollar servicing threshold in the first quarter of 2025. He attributed growth opportunities to banks potentially selling mortgage servicing rights due to new capital requirements, and said he expected more servicing to come to market over the next two to four years than in decades. Bray also commented that a 50-basis-point drop in mortgage rates would be needed to significantly spur refinancing activity, and that lower rates would only "slightly" kickstart the housing market due to supply constraints. In a separate interview, Bray spoke about his personal background, stating that he was homeless for most of his childhood and found sanctuary in churches and libraries. He described animation as "the closest thing to magic" and said he has been drawing since age two. Bray emphasized the importance of making learning fun for children, stating that "learning is a four-letter word called play," and expressed a preference for building products for customers rather than solely for investors.