Mr Cooper Group Inc (COOP): The 85OO retailers hold 30% of the escro...

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Boris the Spider

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Boris the Spider

Re: None

Tuesday, 12/12/2023 9:36:03 PM

Tuesday, December 12, 2023 9:36:03 PM

The 85OO retailers hold 30% of the escrows, so the big boys have the vast majority. Also don't forget that JPM and its staff hold huge amounts of the escrows so in essence will be paying itself back when LIBOR is settled and the rest is released. The rich get richer as they say.

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