Mr Cooper Group Inc fka COOP

[AZCowboy]

~ Interesting', "COOP" is conveniently allowing the speaking with a forked tongue ? ... Again ? ... No Surprises There' ~

Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing, and Originations. The company derives the maximum revenue from the Originations segment. The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers. It also provides technology and data-enhanced solutions to home-buyers, home sellers, real estate agents and mortgage companies.

So, humorously, mr cooper IS NO LONGER INTERESTED in its ... maximum revenue provider ... ?

However, ... ? ...

A&D seals acquisition of Mr. Cooper unit

What made the acquisition of this platform appealing according to Kuznetsov, was A&D's understanding that Mr. Cooper was never as interested in the origination platform as it was in the mortgage servicing rights (MSRs) that it acquired from Flagstar Bank last fall.

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there's LOTS of Sloppy ...

WMIHC IS Gone as of 2015' ...
There Is NO Retained Earnings from a misread / misunderstood 2012 Feb MOR' ...
The Plan 7' RELEASE Document Is Being Mis-Represented ...
... and ol cactus taking profit at a chosen time and pps', was an INDIVIDUAL CHOICE, able to be made by those with positions of wealth ... ol cactus was able to plan for a recovery of WaMu's and LBHI expenditures' ... an individual risk taken that, thankfully turned out well' ... buying heavily in the single digits to $50.00 (ish) pps, a few years ago now ...

... The Original Plan 7' Release Document Set The Platform, while the sequential 10-K's have revealed WHAT Is Happening ...

just sayin'

AZ