Mr Cooper Group Inc (COOP)

[Boris the Spider]

Rosen doesn't just work for the LT.

IMO, he is auditioning for a lucrative job at JPM. Like Eric Holder whose judge appointees took care of Dimon, he is no doubt hopeful Dimon will take care of him too. Holder subsequently got a high paying position from Dimon for the great work he did essentially gifting JPM billions in this obviously unfair taking of WAMU.

Rosen is right in the sense that except for maybe 20 million and possibly some Libor money, the LT has nothing to disburse to escrows.

But why is he sticking his nose into the asset aspect when that has nothing to do with the LT.
It's obvious to me. He is interviewing for a job.