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Re: BBANBOB post# 726264

Monday, 04/15/2024 3:22:31 PM

Monday, April 15, 2024 3:22:31 PM

Post# of 733028
Distressed loans in what sense? To me a distressed loan would have a high probability of default. Are you suggesting that COOP’s business model is to hope a borrower defaults on their mortgage so that COOP can foreclose on their property as JPM has done. If that is so, in my opinion, it’s a terrible way to do business. I certainly hope that that’s not the case.
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