Replies to post #593428 on Mr Cooper Group Inc (COOP)

[popcorn202]

They bought the "servicing rights" for $1.9 Billion. The bricks and mortar and land are owned by Released Escrow Marker holders.

[BigBang]

I gladly would have paid twice that amount!

[Split T]

cura asada, As a mater of fact,the $1.8 B wouldn't have even bought the two operation Centers and the IT Property. WAMU had invested over $800 Million in just the one Patent. That's a fact.



"order to continue their service to the holders of these deposits, JPMC had to buy the OPERATION. So JPMC had to buy the WMB building, the computers, the software, the employees etc etc etc, for which they paid $1.888 billion."