Mr Cooper Group Inc (COOP)

[Myplace]

LG.

Tacohad it incorrect

Bray said 4T coming to market in next 3 years, Not Coop getting them all...

.Now let's turn to slide four. I'd like to spend a moment on developments in the servicing industry and, in particular, what we see as an unprecedented volume of MSRs coming to market. The chart on this page shows you our internal analysis on the size of this opportunity. In summary, we're estimating that nearly $4 trillion will trade over the next three years, which on an annual basis is nearly double the historical run rate. Now bear in mind, this surge in volume is taking place in the context of a concentrated market with a limited number of buyers. And as a result, we expect pools will trade at very attractive yields. And in fact, we're already seeing some of the highest yields since the Great Recession.