Replies to post #544583 on Mr Cooper Group Inc fka COOP

[Donotunderstand]

I read what you said this way (my read)

Where mortgages/loans are securitized and then sold - they are on the books (possibly as an obligation more than an asset?)

Where the securitized (sp?) mortgages were not sold - and thus there was no liability to others -- such ASSETS were allowed to be held off the books ?