Replies to post #716559 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

With Q3 ending on FRIDAY, COOP will MARK-UP its HUGE MSR PORTFOLIO again for Q3 because rates at the end of September (Q3) are higher than rates at the end of June (Q2)!

Also COOP's servicing business will very likely produce higher income thanks to higher rates IMO!

Good morning people, Mortgage applications in the US declined 1.3% in the week ending September 22nd, 2023, following a 5.4% rise in the previous week which was the biggest increase since mid-June, data from the Mortgage Bankers Association data showed. Applications to refinance a home loan declined 0.9% and those to buy a home fell 1.5%, as both prospective homebuyers and homeowners continue to feel the impact of high interest rates. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) edged up by 10bps to 7.41%, a new high since December 2000. source: Mortgage Bankers Association of America

People have a great day & don’t let the noise front dark places bother you cause haters are going to hate regardless GoGooooooCOOP GLTA-Ts

Oh my little friend you made 7 posts at diff times and 6 of 7 you mentioned Ol’Cactus , mannnnn you really got it bad that MAN CRUSH OF YOURS lol

[PickStocks]

Lil cactus…trying to post like your mentor does not make you smarter….however keep posting why mortgage applications are on decline…I am sure everyone here is just jumping to know….has your mentor shared information with you…..maybe one day lil cactus