Replies to post #604612 on Mr Cooper Group Inc (COOP)

[Royal Dude]

You know better look at Lehman evaluation anywhere between 15-35% of the MBS is current value.

[BBANBOB]

Hotmeat

"""So in your mind $30B in loans is worth $30B???"""

Actually NO THEY ARE PROBABLY worth more like 60-90 bill when paid out over the term of the loan.


Just like one pay 2-3 times the purchase price for their homes over the life of the loan!!!!!!!!

You don't borrow 30 bill and only repay 30 bill NOW DO YOU??????


AMAZING

[worker]

@HM:

It's very simple. Take a look at other insolvency companies (worldwide !). You know surely better than me, the standard return value of insolvent companies lies between 15-30% and not 0% !!!