Mr Cooper Group Inc (COOP)

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JPM is very smart. She converted 100B+ mortgage titles from WM to herself via refinance, liquidation, etc. JPM only returned 38B back to FDIC-R.

Think about this. If you wanted to refinance your mortgage in 2009, where did you go? WMB was on longer there, the only choice was JPM. That means ( servicing the mortgage). In return, JPM just return the cash from aboveboard-mentioned actions to FDIC-R. Very simple, and straight forward.