Birdwatch Note Rating
2024-10-23 18:07:12 UTC - NOT_HELPFUL
Rated by Participant: C8F5504548299FF5BABACCE7C3980FD6A5F7CFF63CB501F712AEF1F3D061B516
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