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Saturday, February 11, 2023 2:32:53 PM
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Thanks go to Tako on BP for putting this out there which correlates with my thoughts as well
I’m surprised that nobody commented on the last development of COOP projecting by year 2025 a huge 3.9T UPB
They were always talking about 1T target and suddenly the target upped to 3.9T (390% increase)..what made them reveal these info
It seems to me a change of heart did happen made the plan to be changed and I think this change affects our recovery unless a transfer of NSM to JPM already happened
I remind you folks if COOP still owns 2.5% of the total assets it’s value will go up from 25b to 97.5b
Please correct me if I’m wrong..AIMHO
Good luck to all ..Tako
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So the question is how did COOP get to 800 plus billion UPB and NOW COOP says, COOP projecting by the year 2025 a huge 3.9T UPB...HOW DOES THIS happen in terms of buying these assets
In my view there has to be something in motion relatively soon regarding using the ten million AUTHORIZED preferred shares and more
...
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