Mr Cooper Group Inc fka COOP

[lodas]

Autin01.... of course, if Wamu made a loan from shareholders equity, they are entitled to the interest payments on the loan... Remember "time is money", so on a 30 year loan, the interest payment on the loan is quite substantial at a given interest rate...Now, what would happen if Wamu makes a loan from funds borrowed from the Federal Reserve window?...Principal , certainly, and the difference between what Wamu makes on the interest "spread" would go to the Federal Reserve...after all, banks have various sources of borrowings, that is to say Bonds, Preferred stock offerings, etc... so whose money are we talking about here? that belongs to escrow shareholders, and certainly made more complicated by the seizure by the OTC...suffice it to say that whenever you have a borrower, and a lender, especially in a bankruptcy court, the question of ownership or title to an asset always rears its ugly head...so, in closing, I am not a legal eagle (expert) in Bankruptcy Law, and in no way pretend to guide or advise you on any decision concerning these escrows in our accounts... other than to say Que sera, sera... what will be .. will be.... Lodas