Replies to post #671605 on Mr Cooper Group Inc fka COOP

[PickStocks]

There is a a Q/A in tomorrow’s earning why not bring that up. This way you can stop bringing it up here….ASk coop management send them a letter…call them….

[redisnieurt]

Ok, well thanks. I'll look into your ideas and see if I agree with your conclusions.

My initial reaction is that maybe the info about NSM going public in 2012 was referring to the MSR Value, and not the UPB. the ratio of UPR to MSR value is literally between 1.1% to 1.3%. So they could have had 100M in UPB.

And then from 2012 until now....while growing their production capacity they would grow the MSR organically. Hard to say how big the MSR could get in 9 years, but it's not a huge stretch. Maybe it is.

I'll research

[t1215s]

Good morning people , A post by sunshine yesterday on BP COOP needs an additional ~ $ 350 B to hit the $1 T servicing goal and Marshall spelled out a time frame to be within 3 years.

To ACQUIRE an additional $ 350 B MSR, COOP needs to SHELL OUT ~ $ 5.25 B ( assuming 1.5 % acquisition cost). COOP per Q generates only ~ $ 250 MM ==> easy MATH = needs NEW capital to realize the $ 1 T servicing goal.

In the meantime, COOP is buying back with its "EXCESS" cash. Like I said before, when would a company so WILLINGLY "return CASH to shareholders when it lays out an ambitious goal and NOT worry about having any $$ left to get it done.
—————————————

Makes cents or should I say Billion$ ? Lol

Thanxs go to sunshine
GoGooooo COOP GLTA-Ts