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Civil War General

07/27/23 3:53 PM

#712979 RE: Boris the Spider #712978

Might just be that on 2023-07-27 18:53:00 GMT DJ Mr Cooper Group Price Target Raised to $62.00/Share From $52.00 by Keefe, Bruyette & Woods

Or it might have something to do with the Tender offer for Home Point Capital.

Might be their decent earnings report in this sluggish economy.

Do they have to pay taxes of are they still using those $5 billion NOLs? That might have something to do with it.

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kevins131

07/27/23 6:59 PM

#712985 RE: Boris the Spider #712978

Boris - I think it has more to do with the huge amount of MSR's in the mkt they are looking to buy. Talked about on the conf call.
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tzebedee

07/27/23 7:16 PM

#712988 RE: Boris the Spider #712978

Thumbs up. Yah, many agree. And isn't this what we always thought would happen??