Mr Cooper Group Inc (COOP)

[Split T]

Jay Bray: . You know we boarded [$130 billion] (ph) in the first quarter and our actual little compensation expense went down and we think we could board a [$100 billion] (ph) portfolio today and add less than 50 people. .


Jay Bray: But we're very, very bullish on the opportunity, and we just actually bought some additional portfolios this week."

1% in (new notes) might be close to buying $100 Billion in MSR's. Compass Point's, Giuliano Bologna just raised his Target to $95.00, it very conceivable that he learned of COOP's new Billion Dollar Notes and perhaps knew of an offering on new MSR in the $199 Billion range. The auction information and the winners Name is easily obtained. So who was the Buyers of the new 1 Billion in COOP notes?

My research leads me to believe this transaction was postpone until after the end of the First Quarter and has now possibly taken place, hence Compass Points new target of $95 and me raising my estimate of today's Price fro $82 to $84 + , we did hit the $82 Dollars today and the May Options at this hour indicate a range of $86-$87. I do believe Giuliano Bologna is onto something that wasn't observed by the other analysts and they will be raising their targets in the next few days to 2 weeks.

Wow, who could be the lucky Beneficial Owners of the new 1 Billion Notes that are getting such a handsome return for the next 8 years? Any Guesses?