InvestorsHub Logo
Followers 7
Posts 203
Boards Moderated 0
Alias Born 05/19/2016

Re: Boris the Spider post# 453111

Sunday, 06/05/2016 8:46:34 PM

Sunday, June 05, 2016 8:46:34 PM

Post# of 731279
I've been thinking about that statement from the judge. There had to be a reason for it. That's not something a judge says just because it sounds fancy. Not that I understand that much about the case, but I'm having a hard time thinking of an explanation for it, that doesn't involve JPM buying mortgage assets from R, owned by WMI/WMIIC, and that money going to escrows via LT at some point in the not-too-distant future. Not gonna say how much that might be, but more than scraps.

If someone has another explanation, please posit it; my mind is wide open on this one. Would this somehow simply amount to some nominal amount of money being saved by the LT on admin costs, or what not?

Yes, Boris, I'm finding it harder and harder to believe that there is little to nothing for escrows.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News