Mr Cooper Group Inc (COOP)

[tcr7309]

Those advocating escrows are in for a big payday, humor me for a minute. Just how do you think the process for payout is going to work. What assets are going to be turned over to wmi and in what form. 10's of billions of dollars in cash and/or mortgage pools worth 100s of billions of dollars that jpm has been servicing for wmi and the profits associated with the servicing over the years and then also the mortgages themselves which will now be serviced by a wmi owned entity. Just curious on how you think this will work.

Lastly, do you have any precedence that you know of where this has happened before, ie, lehman, bear, or any other examples.

Some of what you say is compelling it just doesn't make sense especially so under the radar that no one really knows what's really going on.

Waiting for a response that may allow me to say I like my escrow shares, lol