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Sunday, April 01, 2018 8:20:07 AM
1) JPM likes to get involved into the on line mortgage which is a new area.
2) JPM, as a services, does not have to pay off the trusts off under her service by using her own reserved cash, and continues her service.
3) Number 2 exchanges her huge depositors' money to participate and finance so called online mortgages. At the present, the deposit rate is very high in the banks.
4) Of course, all the SH assets not under the service by JPM are back to LTI and then to WMIH.
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