Mr Cooper Group Inc (COOP): FWIW, she does not seem to be on the lef...

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jerrylev

Re: dmceng post# 529053

Saturday, 07/28/2018 11:03:26 PM

Saturday, July 28, 2018 11:03:26 PM

FWIW, she does not seem to be on the left. Quite the contrary, she wants to ease bank regulations and repeal the Dodd Frank act "as soon as possible".

https://www.bloomberg.com/news/articles/2018-06-19/fdic-s-new-chairman-says-she-s-ready-to-rethink-bank-oversight

I learn not to mix politics and investing and buy stock based on who is the President and his policies. You would invest differently under Obama than under Trump.

In general, Trump policies will be favorable to WMIH/NSM mortgage business and KKR financial in general and in particular the repatriation of money from overseas. WMIH did take a haircut due to Trump tax cut but it is over now and we should consider investing in this stock starting at 1.40ish. Don't keep thinking that it was a 3-4 stock and only 1.40 ish now and so it is a bad stock but this is a stock that starts at 1.40 and will go up from now.