Replies to post #717269 on Mr Cooper Group Inc (COOP)

[Split T]

Well, that would be a loan that was exaggerated by false income of about $37.45 per hour, otherwise known as a Pinocchio or liar loan!

"Centex prepared and submitted the loan application and documentation for “RP” and “MP” which misrepresented their monthly income as $13,380 when, in fact, their tax returns reflected their income as $6,900 per month"


"Wait, how much did you inflate that salary???