Mr Cooper Group Inc (COOP): With Q3 ending on SATURDAY, COOP will MA...

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Mr Cooper Group Inc (COOP)

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Thursday, 09/28/2023 3:28:00 PM

Thursday, September 28, 2023 3:28:00 PM

With Q3 ending on SATURDAY, COOP will MARK-UP its HUGE MSR PORTFOLIO again for Q3 because rates at the end of September (Q3) are higher than rates at the end of June (Q2)!

Also COOP's servicing business will very likely generate higher income thanks to higher rates IMO!

Bullish

THIS IS JUST MY PERSONAL OPINION AND NO INVESTMENT ADVICE!

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