News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
well sunshine for what i remember and its been many,many moons now 1 times value was $8.67 ...
so your saying 2.2 value is abouts $19.07 value ??? so your saying that's for "u's"???
I am expecting a nice EPS and in addition some (not regular) special dividends as in the past for RKT shareholders...
Why Rocket’s Deals Could Shake Up the Mortgage Market
"If approved, Rocket would rank No. 1 in mortgage servicing—the business of processing monthly payments—and No. 2 in mortgage origination, according to Inside Mortgage Finance. It would also have a sizable presence in home listings with Redfin. The deal will put one in six U.S. mortgages under Rocket’s roof, according to an investor presentation. The three companies combined had $8.4 billion in revenue in 2024."
https://www.msn.com/en-us/money/realestate/why-rocket-s-deals-could-shake-up-the-mortgage-market/ar-AA1CcGc9?ocid=socialshare
That's $927.96 (=11x$84.36) per COOP share. IMO a little bit speculative. You know I am in the $250 to $300 camp for COOP's fair value...
Assessing the GF Value Potential
From an investment perspective, GuruFocus estimates the GF Value for Rocket Companies Inc (RKT, Financial) to be $84.36 in one year, suggesting a remarkable 508.66% upside from the current price of $13.86. The GF Value is a metric by GuruFocus that calculates the fair value of a stock, incorporating historical trading multiples, past growth metrics, and future business performance projections. Further insights are available on the Rocket Companies Inc (RKT) Summary page.
Well doesn’t mean much but interesting nonetheless.
JHD
Rocket Companies UPGRADED to Market Perform from Underperform at Keefe Bruyette & Woods
https://thefly.com/n.php?id=4098625
GREAT for COOP, COOP shareholders will get 11 RKT shares for each COOP share in the deal...
Thanks for your insight.
JHD
Sweet!
JHD
Well, a couple billion out standing in my opinion it probably will drop. Of course I got alot of shares..I’m not gonna be trading in and out. I’m gonna let it go through the drop and just hold because I think it’s gonna be a monster down the road. They’re gonna be cradle to grave they’re gonna be able to sell the home originate the mortgage service the mortgage and handle one out of six US mortgages in the country..that’s huge and with cost savings and additional revenues it may equal out the dilution.
Hopefully Jay is on a stock performance deal.
That would be a good time to enter a position in my opinion in RKT.. IF it drops.
JHD
|
Followers
|
1788
|
Posters
|
|
|
Posts (Today)
|
79
|
Posts (Total)
|
740973
|
|
Created
|
11/07/07
|
Type
|
Free
|
| Moderators Large Green xoom GO4AWILDRIDE stoxjock ron_66271 | |||
Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.
Upon completion of the merger between WMIH Corp. and Nationstar Mortgage Holdings Inc. on July 31, 2018, WMIH became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper), Xome and Champion Mortgage (Nationstar Mortgage LLC d/b/a Champion).
As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome.
As early as late 2006, WaMu would begin to become a victim of what would eventually become the worst recession in US history since the Great Depression of 1929. WaMu's aggressive business strategy would begin to unfold throughout the end of 2006 and become increasingly disastrous through 2007. As housing rates were at all time highs before the recession began, WaMu would use its considerable leverage and assets to make large amounts of loans in both subprime mortgages and subprime credit cards. The banking division of WaMu at one point before the end of 2007 had nearly 336 stand-alone branch buildings where various types of home loans were processed and approved. WaMu would eventually over leverage themselves due to the high number of Adjustable Rate Mortgages (ARMs). As the US economy slowed down, the number of home loan defaults began to rise in quick succession. This coupled with the falling home prices throughout most of the US meant that even with foreclosures and the properties back in the hands of the company, they were unable to sell them back into the market, or were not able to derive enough revenue from the sale to cover the loan that was made on them. In the mean time, the credit card division was also seeing a surge in the number of late and non payments being made.
By September of 2008, WaMu's stock price had fallen to $2 from its previous highs of around $50 just two years earlier. Amid strong voices from the shareholders, then company CEO Kerry Killinger was dismissed by the company board. In the meantime, the company went looking for a buyer for part of its banking division. WaMu had been unsuccessful in finding an appropriate buy until its seizure by the FDIC. Overnight the companies banking division was bought by JP Morgan Chase in a secret deal brokered by the FDIC for 1.9 billion dollars. Washington Mutual Inc. has reorganized to Washington Mutual Holding Inc. WITH SHAREHOLDERS INTACT
WMI Equity Escrow Calculator
WMIH: Here's how old shares relate in value to the new shares.
| Volume: | 1,705,160 |
| Day Range: | 128.875 - 136.425 |
| Last Trade Time: | 7:58:09 PM EDT |
AI
