Sep. 13 at 12:51 PM
As with most financial institutions,
$JXN’s trajectory is subject to the yield curve, the cost of funding, & whatever macroeconomic indicators happen to dominate at a given moment. There is little to suggest anything beyond this standard exposure.
#RKT Notes: The Redfin purchase. Fifty million monthly visitors now feed into a mortgage machine already chained to rate cycles. A funnel. Falling rates. Rates down, volumes up. This is the entire “thesis.” It was true yesterday, it will be true tomorrow. Mr. Cooper synergies. They promise
$500 million in “synergies.” Redfin synergies. Over
$200 million projected. Allegedly from cost cuts & cross-selling. EPS boost. Analysts raised 2026 EPS forecasts by 11%. The uptick relies on rate declines & synergies.
