Replies to post #739242 on Mr Cooper Group Inc fka COOP

[BBANBOB]

Sure they do how do you thunk they grew from 2009 to a """"""""""635""""""""""" bill $ corp in so few years????????

BUT here is the main point ""THEY DON'T OWN THEM, THEY ONLY SERVICE THEM """"""

[boarddork]

When Rosen said that Equity could pursue those certain assets down the road later on after BK exit, I didn't actually consider that buying a servicer Nationstar (now mr cooper) in 2018 is the way to do it... interesting. I just assumed we'd just knock on doors to collect what was in various bank trust by the trustees since 2008 till 2018 - and maybe so just for those portions. I just hadn't made the connection that from 2018 and the Nationstar acquisition, that the process would be different going forward. That the process was actually more than just collecting servicing income. That it was also about pursuing the trusteed assets Rosen spoke about.

Thanks John for connecting an obvious dot for me, that I somehow missed.