Mr Cooper Group Inc fka COOP

[BBANBOB]

DIAMOND
I have a sneaky gut feeling that SOME OF GILBERTS ownership , MAY BE USED to actually buy loans they possibly only service that are ours.

NOW understand that they can only buy loans but underlying beneficial interest owners in those loans still get the amounts based on thier % of participation in those loans, where have the interest part or the principle been going HMMMMMMMMMMMMMMMMMMMMMMMMMMMM rmemeber a servicer ONLY GETS THE 3/4 to 1% for servicing those loans as THEY DO NOT OWN THEM
WHERE have all of the RIGHTS to service payments COST on all of these been going

When you're a servicer you get a very small PORTION BUT YOU HAVE TO PAY the OWNER of the MBS for those rights to service, I think it is like 3/4 to 1% of the payment.
That alone at 1% would be 6.5 bill annually and WHY THEY HAVE TO PAY FOR THE RIGHT TO SERVICE, again WHERE are the payments going that were used to buy the servicing right gone?????

DST or WELL FARGO

IF IF IFIN we had in farce at the time 635 bill in loans run the numbers for 17 yrs