Mr Cooper Group Inc (COOP)

[JusticeWillWin]

"...Xome's revenue would be potentially through the roof"

From the Q4 earnings call transcript:
https://www.fool.com/earnings/call-transcripts/2022/02/11/mr-cooper-group-inc-coop-q4-2021-earnings-call-tra/

Chris Marshall -- Vice Chairman, President, and Chief Financial Officer about XOME's revenue outlook and potential sale

Also, there's a backlog from the last two years, which still needs to be worked through. And this forecast assumes that the economic outlook remains rosy. If we see any real deterioration in the credit cycle, foreclosure activity could be much, much higher and Xome's revenue would be potentially through the roof. All right.

[...]

And as you heard in my comments, the return to full profitability may be a little bit slower than we said, but that is an absolutely great business, a very valuable business and we recognize that. And I think investors are starting to recognize that. So when you think of our tangible book value, you've got to think of it as tangible book value plus X for Xome. I'll let you figure out what you think that business is worth, but it's worth a lot.

[...]

It's approximate. And in this guidance, it's kind of hard to think out exactly how it's going to unfold. So the $50 million that we talked about was really -- and I think we made it clear it was all back-end loaded. We expected revenues to really start to kick up in the third quarter.

It may take the fourth quarter, but the $200,000 is just normal run rate prior to the pandemic. It's definitely going to be higher than that because there haven't been anything. Nothing has been foreclosed on -- or virtually nothing other than vacant properties. So it's definitely going to be a big surge.

That's our guess right now. We're in that range. And we'll know more as the year progresses, and we'll certainly talk about Xome a lot more. We're not necessarily going to wait to monetize Xome when it hits that surge.

It's just when we see normality return and that's when we think we'll get full value for the business.

Your post:

Coop next quarter is going to be very bad