Mr Cooper Group Inc (COOP)

[hotmeat]

That probably explains why JPM did not assume liability for WMB Snr and Sub Notes as they did for the WMB Covered Bonds.

There doesn't seem to be any underlying mortgage asset pool that supported these Notes as was the case for the Covered Bond Program.

Hopefully we're right about the $40.2B Asset Related Equity Adjustment being..."actual assets", retained by the FDIC.

Thanks