Mr Cooper Group Inc (COOP): Rosen was correct about Libor assumption...

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Boris the Spider

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Boris the Spider

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Monday, 03/04/2024 11:15:57 AM

Monday, March 04, 2024 11:15:57 AM

Rosen was correct about Libor assumption.
When he said Libor could be the only path for escrow payments he was right in one regard. Libor looks very likely now.
Where he was wrong is that it could be the only source. Very wrong.
Libor could however be very big for us. It will surely be over par.
Lets hope COOP gets it cut too.

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