Replies to post #723096 on Mr Cooper Group Inc (COOP)

[UpTickMeA$AP]

Definitely agree!!

Love to hear it!

Go $COOP!!

[JusticeWillWin]

And also a GREAT STATEMENT:

But we will work diligently to compound tangible book value at a double-digit pace which for us is an exciting prospect.

My previous post

The part of the TRANSCRIPT I LIKE MOST=====>

https://www.fool.com/earnings/call-transcripts/2024/02/09/mr-cooper-group-coop-q4-2023-earnings-call-transcr/

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.



So better don't set your selling price too low, but that's just MY opinion and no investment advice!