Friday, February 28, 2020 8:36:14 PM
"In 2019, we continued to expand our subservicing portfolio by boarding $165 billion UPB of subservicing, which contributed approximately 64% of the total UPB boarded during 2019. We believe the expansion of subservicing operations allows us to leverage the scale of our technology and labor capital to provide cost effective servicing to customers while limiting the use of cash resources, thereby producing a higher return on equity. Certain subservicing agreements also provide a flow of new loans to help replenish and grow our own serviced portfolio."
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13966500&RcvdDate=2/28/2020&CoName=MR.%20COOPER%20GROUP%20INC.&FormType=10-K&View=html
The Most Royal Dude
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Recent COOP News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:22:09 PM
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