Mr Cooper Group Inc (COOP)

[CBA09]

Ref: I concede that i erred in terms of my statement that non performing loans in securitizations were replaced by the originator from in house loan pools.

Comments:
Why would you have erred? Upon the perusal of hundreds of Pooling & Servicing Agreements (PSA's) I have seen numerous terms / conditions written that govern the original / issuer charged with the responsibility to replace non-performing assets with performing assets. So not uncommon to have True Sales with recourse.