Mr Cooper Group Inc (COOP)

[Split T]

JWW, I wholeheartedly agree, COOP is on the march, however I wouldn't be at all surprised to learn the new notes exceed $1 Billion next Quarter as Chris is doing a great job, but on the other hand there may be others looking to buy MSR's since the Market took such a hit today. Very few Companies now have something positive to look forward to like COOP for the foreseeable future. It is easy for me to personally envision a $2 Trillion+ Servicing Business in the next few years.


It may be some time before ZOME comes back to life, but it is no fault of their own as the Government is led by a bunch of incompetent people that make bad decisions, day in and day out, to further their agenda and manipulate the markets to their advantage. We ride a two edged sword, one flip of the wrist and the game can change very fast, always remain vigilant to their new polices and the possible repercussions to your bottom line.

The Big Question remains, what entities actually funded the $1B in new notes and will be the recipient of the returning principal and accrued interest over the next eight years? Time tell all.

Thanks for posting a clean transcript of COOP's 1st Quarter Earnings report 2024 , mine was corrupted thru my copying a Word Document that was perfect and I didn't notice it until hours after I post it.