Simple, so for starters let’s focus on Servicing Rights. Servicing Rights are extremely lucrative and even if you do not own the assets which COOP clearly does not or their shares would be trading in multiple of 100.00 per share so how do explain the following?
Nobody gives anybody those kind of lucrative assets for nothing so prove to me where Coop paid anything for those SRs since NSM went public around 2012 and only had around ten billion in SRs. Now how did they get around 700 billion and I have never seen where they paid for these SRs.