Mr Cooper Group Inc (COOP)

[bkshadow]

Well boarddork, appropriately, "servicing extensions" have...

...nothing to do with "powers of attorney" granted by the FDIC-R in recieverships to the "assuming bank" for purposes of title perfection.

...LOL.

...a "servicer" "may" sell or transfer the "servicing rights" (recorded as assets and sold to JPM) on non-owned RMBS.

...but, there is no such thing as "servicing rights" being related to the time line of any interim powers of attorney.

...see any "anarchy" in WSJ or anywhere else where borrowers can't make payments on hundreds of billions of mortgages?

...NOPE.

...WHY?

...it is chimerical fantasy to assert such.