Mr Cooper Group Inc (COOP)

[BBANBOB]

I'm not getting the 'theory' that the original $100m in mortgages can be paid both to the MBS investor (through the 'safe harbor' provision created to protect MBSs) -- ~AND~ that same $100m comes back to the FDIC and on to the WMILT.


Sure it can WHAT DO HOLDING CO's do for a living?????????


They hold ASSETS MBS's ABS'S Bonds ect that created INCOME
What if the investor WAS WMI