Replies to post #434627 on Mr Cooper Group Inc fka COOP

[BBANBOB]

Gives time for any and all claims to be taken care of and IMHO assets WHATEVER their DOLLAR amounts end up being to be returned.....
When one thinks about it,if their are still some MORTGAGES, would you rather have a mortgage that is active to finish being paid OFF or sold OBVIOUSLY AT A DISCOUNT TO someone?

If its still active , you receive 100% of the interest still owed , if you take the mortgage now and sell it, it would be pretty obvious that one would have to give a serious discount so where by the BUYER could make a buck............
So my WAG is that most if not all of any mortgages left will be paid off within the 3 yrs to return the most to the LTI's.

Nothing is done without a purpose, imho the 3 yr extension date wasn't just pulled out of a hat ,time wise

LAWYERS DON"T SAY OR DO ANYTHING ON ACCIDENT ,there is always an underLYING PURPOSE