Rocket Companies Inc (RKT)

[Wise Man]

The only reason why the loan originators sell MSRs is for the reason we've seen in the 1Q 2020 results: in order to avoid the risk of fair-value loss in a period of interest rates decline. RKT posted $911 million fair-value LOSS in the MSRs.
The MSRs is a stream of revenues and there's no other reason why they would give it up. Offloading MSRs is not "good" as you claim, is a desperate attempt to placate the carnage seen on the 1Q2020 Income Statement.
I've told you that the MSR is valued at $0 upon refinancing, when the first day it was recorded the entire revenues over the life of the loan.
The 1Q2020 results I posted that you call "partial screenshot". I've posted the entire Income Statement, so I don't know why you call it "partial".
Talk to me about finance and not that RKT is the Amazon of its sector, a digital company, "tech-based financial company", others are low-tech companies, etc
Primarily because RKT is using the software provided by FnF to sell the mortgages over to them.
What's next to justify a PER of 107 times? Do they have an App?