Birdwatch Note Rating
2024-10-23 14:28:35 UTC - NOT_HELPFUL
Rated by Participant: 85BF62B49BD66DFC0BFAA914E9BD36216E18C2FC9BCFA1FB67582577994BEA3D
Participant Details
Original Note:
The MSRs and subservicing contracts to be purchased from Flagstar total roughly $356 billion in unpaid principal balance, and include "attractive refinance opportunities." This was in July of 2024 before the hurricane. https://nationalmortgageprofessional.com/news/mr-cooper-buy-flagstars-mortgage-servicing-tpo-platform#:~:text=Cooper%20has%20entered%20into%20a,in%20a%20press%20release%20Thursday.
All Note Details