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Replies to post #723092 on Mr Cooper Group Inc (COOP)
JusticeWillWin
02/09/24 2:14 PM
#723096 RE: JusticeWillWin #723092
The WMIH merger brought us 1 billion in deferred tax assets. At the time, there was skepticism about their value. Today, we have realized 63% of that balance in the form of incremental cash flow, which has helped us exceed expectations in terms of both growth and stock repurchase. So, where are we going from here? We're now seeing some of the best growth opportunities in the company's history. And we will continue to grow our servicing portfolio as we have for the past 15 years. But our strategic focus is now squarely on return on equity, which shouldn't surprise you since we've been commenting on ROTCE on every quarterly call.