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New loan and amortization

Just incase anyone was wondering. Payments on this new $405M loan work out to roughly $49,931 PER DAY 365 days per year until march 30th of 2031... and on April 1st 2031 Theres a balloon payment due of just a hair shy of $323,000,000.

OR $69,827 EVERY SINGLE WORKING DAY. $8728/hr... every working hour, for five years.


Mr Cooper problems or Wells problems? Asking for veteran friend

Hello
Old friend who is both US Marine veteran and state trooper veteran is reaching out to me because Wells sold his loan or servicing -literally getting details right now- to Mr Cooper and Mr C is saying my friends escrow account is $2400 short.

Anyone know if problems with Mr Cooper and escrow is common?

Thanks