Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - Mr. Cooper Group Inc. | wmih-ex321_7.htm |
| EX-31.2 - EX-31.2 - Mr. Cooper Group Inc. | wmih-ex312_9.htm |
| EX-31.1 - EX-31.1 - Mr. Cooper Group Inc. | wmih-ex311_8.htm |
| 10-Q - 10-Q - Mr. Cooper Group Inc. | wmih-10q_20170630.htm |
Exhibit 12.1
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED DIVIDENDS
|
|
(dollars in thousands) |
|
|||||||||||||||||
|
|
Six months ended June 30, 2017 |
|
|
Year ended December 31, 2016 |
|
|
Year ended December 31, 2015 |
|
|
Year ended December 31, 2014 |
|
|
Year ended December 31, 2013 |
|
|||||
|
Net (loss) income |
$ |
(3,535 |
) |
|
$ |
201,700 |
|
|
$ |
(61,833 |
) |
|
$ |
3,070 |
|
|
$ |
338 |
|
|
Preferred deemed dividends |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(9,455 |
) |
|
|
— |
|
|
Series B preferred stock dividends |
|
(9,000 |
) |
|
|
(18,000 |
) |
|
|
(17,748 |
) |
|
|
— |
|
|
|
— |
|
|
Net (loss) income attributable to common and participating stockholders |
$ |
(12,535 |
) |
|
$ |
183,700 |
|
|
$ |
(79,581 |
) |
|
$ |
(6,385 |
) |
|
$ |
338 |
|
|
Interest on runoff notes |
$ |
1,209 |
|
|
$ |
2,616 |
|
|
$ |
3,702 |
|
|
$ |
8,993 |
|
|
$ |
14,897 |
|
|
Interest charges due to debt facility termination |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
13,232 |
|
|
|
— |
|
|
Total fixed charges |
|
1,209 |
|
|
|
2,616 |
|
|
|
3,702 |
|
|
|
22,225 |
|
|
|
14,897 |
|
|
Preferred dividends |
|
9,000 |
|
|
|
18,000 |
|
|
|
17,748 |
|
|
|
9,455 |
|
|
|
— |
|
|
Total fixed charges and preferred dividends |
$ |
10,209 |
|
|
$ |
20,616 |
|
|
$ |
21,450 |
|
|
$ |
31,680 |
|
|
$ |
14,897 |
|
|
Ratio of net (loss) income to combined fixed charges and preferred dividends |
|
(35 |
%) |
|
|
978 |
% |
|
|
(288 |
%) |
|
|
10 |
% |
|
|
2 |
% |
|
Ratio of net (loss) income attributable to common and participating stockholders to combined fixed charges and preferred dividends |
|
(123 |
%) |
|
|
891 |
% |
|
|
(371 |
%) |
|
|
(20 |
%) |
|
|
2 |
% |