is I like stocks
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Good morning people: Vodka imho this site maybe taking its toll on you possibly, I myself have concentrated on the COOP stock in the past up until it hit the 50’s and it became to high for me the play the percentages for freebies imo.and sold most, I still hold some , one must Remember no matter what anyone post here can change whatever the outcome could or whatever it is , yes I throw a poke for shets n giggles when I have time to joke around a bit, but nothing can change the end story whatever either side say repetitively n datzzz dat wit datzzz life issssss good
Time to hit the gym GLTU
(Pending home sale numbers due out today )
GLTA GOGOOOOOCOOP -Ts
VodKa; Dude OUCH!!!!!!!! lol. what the hay GoGoooooCOOP
GLTA-Ts
Good morning people, Not much to posts about except the pps is holding as of this post 55/60 zones that seems to be where they want us until,
GoGooooooCOOP Have a great day GLTA-Ts
Good morning people; I myself don’t do the iggy thanggg and the reason being every once in a long while I like to poke the mouse in the house,a little back and forth kidding for a few posts only ; -) and besides you never know what info you might learn from any poster,but after so, so many posts of pros n cons posted repetitiously over the recent years with the same meanings/wording/insults it would be better if pros and the cons iggy each other and the site would be much better site without forcing opinions on others who chooses to believe whatever ANNNNND CAN NOT!!! CHANGE THE OUTCOME EITHER WAY imo
GoGooooooCOOP GLTA
Have a great day people Time to hit the gym
TGIF BABEEEEE -Ts
Forbes , Aug.2023, The national average 30-year fixed mortgage rate crossed the 7% mark in the third week of August, rising to 7.09% the week ending August 17.
The median existing-home sales price also broke through $400,000 for the first time in 2023, hitting $410,200—the second-highest price ever recorded—and is now poised to surpass the June 2022 all-time high of $413,800, according to the National Association of Realtors (NAR).
Meanwhile, existing monthly home sales dropped 3.3%, with all four major U.S. regions posting year-over-year sales declines.
Despite high mortgage rates, the market remains as competitive as ever thanks to strong demand coupled with tight inventory supply, due, in part, to those who purchased homes in recent years at record-low interest rates staying put. These and other factors form a perfect affordability crisis storm that continues to sideline many aspiring homeowners.
Housing Market Forecast for August 2023
Housing market activity remains weak overall thanks to high mortgage rates, elevated home prices and constrained housing inventory—a trifecta of headwinds perpetuating the housing affordability crisis. At the same time, high inflation and more interest rate hikes still hang in the air.
Mortgage rates rose the first week of July, jumping to 6.96% by mid-month as Federal Reserve policymakers voted to raise the federal funds rate by a widely anticipated 25 basis points at the July meeting. A basis point is one-hundredth of one percentage point. The federal funds rate is the rate financial institutions lend to each other overnight.
A Fed rate hike indirectly impacts long-term home loans, such as 30-year, fixed-rate mortgages. The federal funds rate hovered near zero in March 2022 when the Fed began raising rates. The rate range is now 5.25% to 5.5%.
The Fed will likely not stop there. In response to reporters at the post-meeting press conference, Federal Reserve Chair Jerome Powell stated the economy has yet to feel the full impact of the Fed’s actions and that the committee’s efforts to tame inflation to its 2% target still had “a long way to go,”
The Fed revealed new terminal rate projections in June that suggest the rate will reach 5.6% by the end of 2023, implying at least one more rate increase in 2023. Consequently, many experts believe mortgage rates will remain above 6% for the remainder of this year.
Some Experts Foresee Sluggish Housing Market Recovery
Although weekly averages for 30-year mortgage rates are down from their fall 2022 peak, if the ongoing oscillation between 6.5% and 7% continues—or rates break through 7% again—it’s hard to imagine housing market conditions significantly improving anytime soon, especially if the Fed continues with rate hikes.
Mortgage originations amounted to only $344 billion in the first quarter of 2023, their lowest total since the second quarter of 2014, according to a Freddie Mac report. Housing experts expect originations will remain muted through the rest of 2023. In addition, existing-home sales were down a whopping 18.9% from the year before, per NAR.
“I expect the number of homes for sale to decline this year and continue to be a damper on home sales,” said Danielle Hale, chief economist at Realtor.com, in an emailed statement. “Limited inventory is also keeping prices high even though housing affordability has deteriorated significantly in the past three years.”
On the other hand, some experts are choosing to flip the script and focus on the signs indicating that the market is entering a new phase.
“The recovery has not taken place, but the housing recession is over,” said Lawrence Yun, chief economist at NAR.
Despite this optimistic take, Yun acknowledges that home prices will remain high due to demand outpacing housing supply and that more inventory will prove critical to providing greater access and affordability for aspiring home buyers.
Housing Inventory Outlook for August 2023
Low housing inventory has been a challenge since the 2008 housing crash when the construction of new homes plummeted. It still hasn’t fully recovered—and won’t in 2023.
Housing supply remains at near historic lows—especially entry-level supply—consequently propping up demand and sustaining higher home prices.
Even so, new single-family homes have been coming to the rescue—at least to some extent—enticing eager shoppers frustrated by the limited resale inventory. Moreover, the price gap between the median existing-home sales price and new home sales price has closed markedly in recent months, another incentive luring home seekers.
Nonetheless, new home sales took a small hit between May and June as mortgage rates sailed past the 6.5% mark. Sales dipped 2.5% to 697,000 new single-family homes selling in June compared to 715,000 in May. The median sales price for a new home was $415,400, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD).
“With low existing home inventory, new home inventory is becoming competitive, and new homes are now competitive on price,” said Robert Frick, corporate economist with Navy Federal Credit Union, in an emailed statement. “The premium for a median-priced new house versus an existing house is now only $5,000.
In October 2022, the median sales price for a new home was $496,800, while the median existing-home sales price was $378,800—a difference of $118,000. This gap has since narrowed by roughly 96%.
Inventory of unsold, existing homes was unchanged between May and June, shackling existing inventory to a paltry 3.1-month supply at the current sales pace. Existing inventory has remained stalled at record lows for months. Many experts say a balanced housing market has four to six months of inventory.
“Inventory is approximately 46% below the historical average dating back to 1999,” says Jack Macdowell, chief investment officer and co-founder at Palisades Group. “We think that it is highly unlikely that the inventory problem will be resolved in 2023,” Macdowell says.
The country ultimately needs 4.3 million more homes, according to a Zillow analysis.
“There are simply not enough homes for millions of people,” said Orphe Divounguy, senior economist at Zillow, in a press release. “Unless we address the shortage of smaller, more affordable, starter-type homes, we risk leaving families without a seat—and it will only get worse over time.”
GLTA-Ts
Good morning people, Here’s an oldie from 2008 NYTimes inserted
https://www.nytimes.com/2008/09/26/business/26wamu.html
Have a great day GOGOCOOP
GLTA-Ts
Good morning people , I see our COOP took another hit yesterday, but in all fairness some of my Fi’s have been taken in on the chin also ,on another The Lurker (lol) has 27 posts and it’s just the start of midweek hehe, I also see Ol’ Cactus threw some feed to agitate his Boo birds once again oh well nothing much to posts-about, sooo people time to hit the gym , have a great day
GOGOOOOOOCOOP
GLTA-Ts
Good morning people , Vodka I believe my post said the exact same thing only with less words and time lol
Ave a great weekend people GLTA -Ts
Hi Vodka ,Ol’Cactus don’t bother me one bit, he bothers others here a lot it seems, hence why he keeps coming back As for me if I find something of interest I post it in its entirety and not fill in the blanks lol ,but hey that’s him and I’m me n datzzz datz wit datzzz. Ok take care ,time to get ready for the club TGIF BABEEEE
Have a great weekend people
GOGOOOOOOCOOP GLTA-Ts
A belated good morning people, I see Ol’Cactus was busy twisting a few yesterday lol Gee with all his proclaimed toys ya thunk he would have better ways to spend his time rather than play I’ve got a secrete game or fill in the blanks hehehe On another note it’s nice to see COOP up a little today as of this post on low vol so far ,
GoGoooooCOOP GLTA
It’s to nice outside to be inside TGIF BEBEEEEE -Ts
Good morning people, Vodka in ref to #2 There seems to be two patterns by posters and not just not one sided , just calling it as I see it/read it EOS
GOGOOOOOOCOOP
Time to hit the gym, running a little late today GLTA-Ts
Good morning people, Hi Sam, The stagnation (for a long period ) amount of time a PPS isssss likely almost always will decline in price in this game as I have noticed over time , the phase win or lose, or hero or zero in not a commitment, it isssss a non- committal incase
I do agree with you on a stock rise there is a decline (pull back in price)that happens at some point
GoGooooooCOOP
GLTU-Ts
Good morning people, thought I would drop in for a quick peek incase ,anyhow it does seem like the 50’s pps isssssthe new 40’s for COOP as of this post ( hope I did not hex the pps) lol the boyzzzz will need something/ booster to get it to the 60’s even though we have hit that plato before a few times we were unable to hold there for any amount of time , anyone else think there isssss another 1/4% rate hike in the near future ?
Ok time to hit the gym, have a great trading week people
GoGooooooCOOP GLTA-Ts
Well people I was wrong on the upward close by a.10 , so here’s another guess for Monday up at least .25 /35 just to pick up on a small piece of the pie that was dropped the other day ,so let’s see what they wanna do
GoGooooooCOOP, have a great weekend people ,it’s club time for din din GLTA-Ts
FYI Date Open High Low Close* Adj Close** Volume
Jul 07, 2023 ///48.84 /49.89 /48.76 /49.26 /49.26/647,900
Jul 06, 2023 ///48.79 /48.79 /48.02 /48.67 /48.67/497,700
On another note , jhd in ref to “ My question is why are the markets up and we are down over $1 ,We should be parallel”
Not really , the records would show imo. but if you would check today you would see that 2/3 of the markets are down and one of them is the Naz as of this post and our COOP issss up ,as of this post
TAKE CARE Bud
GOGOOOOOOCOOP
Have a great weekend people
TGIF BABEEEEE GLTA-Ts
Good morning people , Picks I posted to you a long time ago about UR possibly AZ. man crush but now I’m considering calling it ur possibly boy. crush lololol after seeing you mention him about every second or third post EX. yesterday 6 out 12 posts yesterday alone not counting other days C’mon mannn he’s gotten under ur skin and into ur mind for sure lol. now this is my second post to you in two days which is deff two too many about ur repetitious quest while Ole Cactus continues his quest on U mentally heheh
OH! Gotta hit the gym so have at it ,wishing u better mental health
GoGooooooCOOP it’s going to be interesting to see where COOP goes today, down.25/30 or up .35/.45
Have a great day people
It’s to nice outside to be inside GLTA-Ts
Picks, Ya just don’t get it do ya, hey ol' Cactus! explain it to picks what ya doing to him, wilya lol
Let’s see what tomorrow will be with COOP, will it go up .65 or down .20/5 ?
GOGOOOOOOCOOP
Have a great evening people GLTA-Ts
Good morning people, jhd51 It’s not the disingenuous with their repetitive comments made over and over again to energize the same relies from the posters who still believe something is coming back to them , it’s those that feed the disruptive ones instead of letting them post/talk to each other rather than reply to those (feed into them),it’s not rocket science how to handle that crew imho. That’s also why I have stopped making as many posts as I use to here besides the fact that my holdings here is not as much as it once was ,besides the weather outside is to nice this time of year with so much to enjoy
On a good note here COOP touched the 60. pps once again yesterday
GoGooooooCOOP
GLTA-Ts
Forbes Advisor Mr. Cooper Mortgage Review 2023
https://www.forbes.com/advisor/mortgages/mr-cooper-mortgage-review/
GoGoooooCOOP
GLTA-Ts
Well people three times in two weeks we’ve tapped 60.pps with no mention by this group, alllll I ‘m reading about here issss the same old bickering lol ok,
TGIF BABEEEE
Have a great weekend people
GoGooooooCOOP GLTA-Ts
Ol’ Cactus seems to have gotten my point somewhat in the filing, about the old road maps ( needed to be studied but got you there ) anyhow the markets in general as this of post are looks large red ,I believe it’s one of them turn off ur PC days and go out and have some fun , COOP will do what they want it to do
GoGooooooCOOP
GLTA-Ts
Good morning people : Well let’s start with this! Isssss the 50’s pps the new 40’s ? we can only hope so, yes I know it might be a little to soon, ok ,ok, maybe I could have waited until next week to question such but COOPER has for now has lived up to its PR’s 99% of the time imo. Also these days reading filings isssss like read/following the old gas station road maps back in the old drive in restaurants lol. Oh well time to hit the gym , Seya later as it’s to nice outside to be inside,life isssss good
GoGooooooCOOP GLTA-Ts
Good morning people, Let the games begin , here’s to COOP and seeing which direction it follows, and hopefully it will not repeat to much of its past
GOGOOOOOOCOOP GLTA
It’s to nice outside to be inside Ts
GREEN ISSSSS GREEN, it’s better than red —————————-->>>>>
Have a great weekend people
GoGooooooCOOP GLTA-Ts
Good morning people, Boris DATZZZZ FUNNY +1111
GoGooooooCOOP
GLTA-Ts
Yep my live feed says -.31 @ 58.97 pps/ edit now -.44 live feed,, now -.28
It’s to nice outside to be inside, going to take a walk in the sand by the ocean
Seya at the buzzer maybe TGIF babeeeee
GLTA-Ts
Good morning people, Another COOP GREEN DAY works for me, ASAP. you posted “PURE INSANITY” well that’s a two way street bud ,as you keep replying to that “PURE INSANITY” soooo what does that tell/say about you? Mirror mirror on the wall lol
GoGooooooCOOP
Have a great day people, it’s to nice outside to be inside GLTA-Ts
GoGooooooCOOP, Hi Vodka, let me start off by saying to you profit isssss profit, I my self sold a larger portion of my COOP paper this time around in the 50.0+ range and I’ll tell you why, in the last 4 times it hit 50+ it dropped back to the 39/8/7 in almost two years -+ I have NO COMPLAINTS, ,why cuzzz every share I sold and still hold wazzzz and issssss 100% pure profit from the day I got in @ 0.035 , so don’t let the sidelined Monday morning QB’s say you shoulda coulda ,woulda, , yes I left some on the table , but he’ll I m still got more chips still in play and they to are 100% freebies , this play have been great to me, GL2AU & ALLLLLL
GOGOOOOOOCOOP-Ts
Hi Lexie , You haven't posted in a few days COOP reached 58.50, and all you can post isssss what I'm replying to, What the hey guy, come on, do you still or ever held COOP paper,? I just don't have the time this morning to check past posts, as the BOSS(wife has stuff for me to do this morning )
Take care
GLTA-GOGOOOOCOOP-Ts
Asap, A very good post mostly, but! ya just couldn't help ur self could ya lol 2/3 through and then ya had to muck it up at the end hehehe
Take care
GOGOOOOOCOOP
GLTA-Ts
Good Morning people , Stoxs I sold a large % of COOP this time around when it hit the 50+becuase of the time wasted the last time it hit 50,s and dropped back down,but hey I got no complaints as this paper has done very well for me and I still hold a position in COOP, not as much as before but all profit is profit regardless, its just a little less FREE CASH soooo GOGOOOOCOOP, as I said Monday morning it was and still will be an interesting week
GLTA-Catch alllll before the buzzer got stuff to do this morning with the boss-Ts
Hi ckauf, prob 1 or 2 shs Have a great evening I’m done for today , Seya at the bell
GoGooooooCOOP GLTA-Ts
An 8.19% increase in the pps today 58.50 + 4.43 and yet most of the posts about escrow WTF mannn aren’t some of you COOP SHAREHOLDER HERE ? I know I am just not as much as before but still, Dammmm why do you keep feeding the beast ? Let them post to each other and don’t be derailed from what is going on , Ok, ok for AH shets n giggles 13 days in a row COOP has traded above 50.pps bitch about that now YIKES
I’m done for the day here COOP is also done for the real trading hrs
GOGOOOOOOCOOP -Ts
COOP 58.50 +4.43 EOD. ,1,651,944 shs traded, high pps wazzz 58.69 as of this post , live feed gogoooo COOP
GLTA-Ts
JWW ,Yes imo a company banks the buybacks incase something arises and would not have to go through procedure to enlarge the author again , now I read somewhere Awhile back the 64M+ ur newest info says 66M+ regardless the float is still small EOS.
And
https://s1.q4cdn.com/275823140/files/doc_governance/Certificate-of-Incorporation.pdf
And
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172439867
GOGOOOOOOCOOP
GLTA-Ts
The total number of shares of all classes of capital stock which the Corporation shall have authority to issue is Three Hundred and Ten Million (310,000,000) shares, of which:
Three Hundred Million (300,000,000) shares, par value $0.01 per share, shall be shares of common stock (the “Common Stock”); and Ten Million (10,000,000) shares, par value $0.00001 per share, shall be shares of
preferred stock (the “Preferred Stock”).
https://s1.q4cdn.com/275823140/files/doc_governance/Certificate-of-Incorporation.pdf
————
Now there is 1,7??? Shs holder & 64,848, ??? When I lasted looked up IMHO.
GoGooooooCOOP GLTA-Ts
Nice $$$$ GOGOOOOCOOP
GLTA-Ts
Hi Still , Imo I believe you are both correct, Q over Q performance will/ should increase pps & demand and lesser shs in the market will help increase the pps too
GoGooooooCOOP
Have a great day people -Ts
Good morning people COOP took another hit yesterday, also The Lurker took the posts leader board from Picks yesterday by double digits 16 to 8 and the Lurker has a 7 posts start already today lolol
On another note let’s hope COOP starts another upward trend than rather keep declining as normal in the past after , let’s also keep an eye on the Feds increase rate possibilities today , interesting week as I said earlier this week
GoGooooooCOOP
Have a great day people and remember ignore those that annoy you and enjoy ur day
GLTA-Ts
Rassss
Back at ya, you gotta do you