Mr Cooper Group Inc (COOP): Yes it's called "safe harbor" and it app...

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Re: deekshant post# 452026

Thursday, 05/26/2016 12:58:45 PM

Thursday, May 26, 2016 12:58:45 PM

Yes it's called "safe harbor" and it applies to MBS's securitized and sold / transferred to subsidiaries or third party buyers. It is noteworthy that this is exactly what WMI did, ie "sold" (transferred) securities to it's own subs to be retained as income generating vehicles.

BTW have you yet received a response for the letter you sent to the trust???

Escrow Returns: $15-$25 Billion

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