Mr Cooper Group Inc (COOP)

[t1215s]

Good morning people , A post by sunshine yesterday on BP COOP needs an additional ~ $ 350 B to hit the $1 T servicing goal and Marshall spelled out a time frame to be within 3 years.

To ACQUIRE an additional $ 350 B MSR, COOP needs to SHELL OUT ~ $ 5.25 B ( assuming 1.5 % acquisition cost). COOP per Q generates only ~ $ 250 MM ==> easy MATH = needs NEW capital to realize the $ 1 T servicing goal.

In the meantime, COOP is buying back with its "EXCESS" cash. Like I said before, when would a company so WILLINGLY "return CASH to shareholders when it lays out an ambitious goal and NOT worry about having any $$ left to get it done.
—————————————

Makes cents or should I say Billion$ ? Lol

Thanxs go to sunshine
GoGooooo COOP GLTA-Ts