Mr Cooper Group Inc (COOP)

[hotmeat]

What a Majority Lead Arranger actually means..........


Quote: "The lead arranger, is the investment bank or underwriter firm that facilitates and leads a group of investors in a syndicated loan for major financing. The lead arranger assigns parts of the new issue to other underwriters for placement and usually takes the largest part itself (ie Majority). It is also called a managing underwriter or a syndicate manager.[1] The arranger is paid either through an arranger fee, through skimming or through structuring fees"


More Hogwash passed off as DD!!!