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jhdf51

04/15/24 1:20 PM

#726265 RE: BBANBOB #726264

Yes sir I totally agree.

JHD
Bullish
Bullish
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BigBang

04/15/24 3:22 PM

#726270 RE: BBANBOB #726264

Distressed loans in what sense? To me a distressed loan would have a high probability of default. Are you suggesting that COOP’s business model is to hope a borrower defaults on their mortgage so that COOP can foreclose on their property as JPM has done. If that is so, in my opinion, it’s a terrible way to do business. I certainly hope that that’s not the case.