Mr Cooper Group Inc (COOP)

[austin01]

lodas, thanks for the explanation. You posted, "if Wamu make a home with corporate equity, that is to say, stockholders money, then yes,we would own the equity that the loan produces, and we would have title to the loan".
Are saying that, in this scenario, if the loans are paid off, escrows would own the interest payments that the loans produced? If the loans were not paid off, escrows would own the home itself? I don't quite get the "we would have title to the loan".
I gather that you're not "banking" on a "shares for assets" event for escrows in conjunction with the NSM/WMIH merger.