Mr Cooper Group Inc (COOP)

[wamugold]

OHHHHHHHH JEERRYYYYYYY!! Let me ask you this then, who are the owners of all the WAMU mortgage backed pass-thru certificates that are being serviced by many banks and who also happen to have a Delaware Trustee.

Let me just name a few.
1.Citibank—Series 2007-HE2
2.US Bank – Series 2007-HY6
3.US Bank—Series 2007 OA3
4.Wells Fargo—Series 2004 PR2
5.Wells Fargo—Series 2006 PR3
6.US Bank successor to LaSalle Bank by merger--Series 2007-HY2
7.Deutsch Bank--Series 2005 ARI

This last one they settled a case that was decided on March 20, 2019 the guy had to pay 650K to satisfied the note!!
https://law.justia.com/cases/new-jersey/appellate-division-unpublished/2019/a1826-17.html

They have been busy settling all this mortgages. This one is funny, look at this one settled on 2017 a bunch of John Doe’s. LOL https://caselaw.findlaw.com/hi-intermediate-court-of-appeals/1866621.html

All these mortgage backed securities were seized by the FDIC that is why they have not been released yet. They gave the servicing rights to JPIG to keep them afloat during the recession.
So again I ask you who are the owners of all these mortgage backed securities???