Mr. Cooper (COOP) 8-K Regulation FD Disclosure

Exhibit 99.1

WM MORTGAGE REINSURANCE COMPANY INC.

BALANCE SHEET

AS OF APRIL 30, 2012

(UNAUDITED)

	MODIFIED GAAP BALANCE SHEET
ASSETS
CASH & CASH EQUIVALENTS		5,927,134
INVESTMENTS		17,059,059
INVESTMENTS HELD IN TRUST		315,147,276
ACCRUED INTEREST		2,423,552
REINSURANCE PREMIUMS RECEIVABLE		2,115,532
OTHER RECEIVABLES		0
DEFERRED FEDERAL INCOME TAX		0
VALUATION ALLOWANCE FOR DEFERRED TAX		(13,350,264	)
DEFERRED TAX ASSETS		13,350,264
TOTAL ASSETS		342,672,553
LIABILITIES AND STOCKHOLDER’S EQUITY
LIABILITIES:
ACCRUED EXPENSES		150,627
ACCRUED INVESTMENT EXPENSES		56,314
ACCRUED ADMINISTRATIVE FEES		110,000
ACCRUED CEDING FEES		254,710
PREMIUM TAX PAYABLE		0
FEDERAL INCOME TAX PAYABLE (RECEIVABLE)		0
ALLOWANCE FOR DOUBTFUL ACCOUNTS		0
CONTINGENT LIABILITY		4,000,000
INTEREST PAYABLE		0
UNEARNED PREMIUMS		390,463
LOSSES PAYABLE		7,331,275
LOSS RESERVES		119,242,063
IBNR		5,948,706
CONTINGENCY RESERVES		48,876,707
TOTAL LIABILITIES		186,360,865
STOCKHOLDER’S EQUITY:
CAPITAL STOCK		1,000
PAID-IN CAPITAL		16,659,349
ADDITIONAL PAID-IN CAPITAL		53,219,568
UNREALIZED GAIN/LOSS ON INVESTMENTS		0
CONTINGENCY RESERVES		(48,876,707	)
DIVIDENDS PAID		(250,000	)
RETAINED EARNINGS (ACCUMULATED DEFICIT)		130,885,964
NET INCOME (LOSS)—YEAR TO DATE		4,672,514
TOTAL STOCKHOLDER’S EQUITY		156,311,688
TOTAL LIABILITIES & STOCKHOLDER’S EQUITY		342,672,553

WM MORTGAGE REINSURANCE COMPANY INC.

UNAUDITED FINANCIAL STATEMENTS

COMBINING PROFIT & LOSS STATEMENT

FOR THE PERIOD ENDED APRIL 30, 2012

	MONTH TO DATE			YEAR TO DATE
UNDERWRITING INCOME:
ASSUMED PREMIUMS WRITTEN		2,044,161			9,185,456
CHANGE IN UNEARNED PREMIUMS		10,624			65,474
NET PREMIUMS EARNED		2,054,785			9,250,930
UNDERWRITING EXPENSES:
LOSSES PAID		7,330,327			22,181,073
PROVISION FOR LOSS RESERVES		(3,324,038	)		(13,230,290	)
PROVISION FOR IBNR		(272,002	)		(598,223	)
CEDING COMMISSION		254,710			1,139,879
PREMIUM TAX EXPENSE		0			0
TOTAL UNDERWRITING EXPENSES		3,988,997			9,492,439
UNDERWRITING INCOME (LOSS)		(1,934,212	)		(241,510	)
GENERAL & ADMINISTRATIVE EXPENSES:
MANAGEMENT FEES		15,573			61,914
ACTUARY CONSULTING FEES		22,500			90,000
AUDIT FEES		51,500			51,500
LEGAL FEES		13,047			29,792
ADMINISTRATIVE FEES		110,000			152,581
LICENSE AND FEES		0			300
TRAVEL AND ENTERTAINMENT		0			0
BANK SERVICE FEES		422			422
MISCELLANEOUS EXPENSES		0			0
TOTAL GENERAL & ADMINISTRATIVE EXPENSES		213,043			386,508
INTEREST EXPENSE		0			0
INTEREST INCOME		986			4,889
AMORTIZATION—COMMERCIAL PAPER		0			0
INVESTMENT INCOME—MUNICIPAL BONDS		0			0
INVESTMENT INCOME—CORPORATE BONDS		504,115			1,970,610
INVESTMENT INCOME—MBS BONDS		72,370			295,209
INVESTMENT INCOME—US AGENCY		272,474			1,161,527
INVESTMENT INCOME—US TREASURY		77			310
INVESTMENT INCOME—FOREIGN ISSUE		86,671			382,005
BOND AMORTIZATION—MUNICIPAL BONDS		0			0
BOND AMORTIZATION—CORPORATE BONDS		(127,909	)		(515,833	)
BOND AMORTIZATION—MBS BONDS		(608	)		(1,769	)
BOND AMORTIZATION—US AGENCY		(41,517	)		(169,003	)
BOND AMORTIZATION—US TREASURY		(11	)		(46	)
BOND AMORTIZATION—FOREIGN ISSUE		(36,612	)		(129,878	)
INVESTMENT EXPENSE		(56,314	)		(78,232	)
GAIN/LOSS ON SALE OF INVESTMENT		84,299			252,802
FAS 159 GAIN ON TRADING SECURITIES		483,072			2,127,941
NET INVESTMENT INCOME		1,241,091			5,300,531
LEGAL SETTLEMENT		0			0
INCOME (LOSS) BEFORE TAX PROVISION		(906,164	)		4,672,514
CURRENT FEDERAL INCOME TAX (BENEFIT) EXPENSE		0			0
PROVISION FOR DOUBTFUL INCOME TAX RECEIVABLE		0			0
DEFERRED FEDERAL INCOME TAX (BENEFIT) EXPENSE		(317,168	)		1,635,313
CHANGE IN VALUATION ALLOWANCE		317,168			(1,635,313	)
FEDERAL INCOME TAX EXPENSE		0			0
NET INCOME (LOSS)		(906,164	)		4,672,514