Mr Cooper Group Inc fka COOP

[boarddork]

I believe it 2000%. Just like McDonalds owns and holds most of their real estate. That franchise is more about real estate than food. Why would WAMU rent 1000's of land parcels and build bank improvements on them that they'd eventually lose to increasing rents?

A $300B WMI doesn't need to rent. WMI owned the land and building to its downtown Seattle high-rise. WMI owned the land and building to its corporate retreat Cedar Brook lodge. And that's just their 'personal' portfolio.......($240B in mortgages held in portfolio WMI 2008 10-k)