Mr Cooper Group Inc (COOP)

[Milk Duds]

Yes, Mufa,

This was discussed extensively.

The question is not if JPM raised $173B, the question has always been why.

Let's see, JPM raised $173B and is paying out 3% interest to the investors. So, how can JPM invest this money they just raised, that will do better than 3% and be relatively safe?

Well, they could use it to buy mortgages, which is a relatively safe investment.

If they use the money to buy mortgages that they've been servicing for eight years, and therefore know exactly how risky the mortgages are, it would be an extremely safe investment.