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newflow

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newflow

Re: None

Tuesday, 04/05/2016 3:20:53 PM

Tuesday, April 05, 2016 3:20:53 PM

Post# of 732417
JP Morgan readies mortgage-backed deal
http://www.efinancialnews.com/story/2016-03-15/jp-morgan-readies-mbs?mod=rss-home

JPM acquired 176B mortgage assets from wamu and now selling securities worth 173 B as per form s-3 filed yesterday.

Did JPM pay back the estate for JPM assumed liabilities as per GSA and POR?
"(5) JPMC shall assume the JPMC Assumed Liabilities in
connection with the assets it receives pursuant to the Global Settlement
Agreement and, on or after the Effective Date, JPMC shall pay or fund the
payment of Allowed JPMC Assumed Liability Claims; and"
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