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Re: AZCowboy post# 553488

Thursday, 01/03/2019 7:19:30 PM

Thursday, January 03, 2019 7:19:30 PM

Post# of 727276
Thank you AZ,LP and Thunder,

I do not know how much they charge for servicing loans. I gave a wild guess.

Thank you for correcting me for the fees Coop charges for loan servicing.

We feel good whenever Coop moves littlebit positive direction.

Hopefully 2019 will bring goodluck for all of us.

I also did not know that IBM has servicing loan platform.

So the news looked positive to me.

"IBM acquired Seterus in the wake of the 2008 financial crisis to help a client manage a portfolio of distressed loans.

purchase the Seterus mortgage servicing platform and assume certain assets related thereto from IBM (NYSE: IBM)."

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