Mr Cooper Group Inc (COOP)

[Donotunderstand]

zeus

yes the corpus is gone

but there likely was cashflow to ?

and that lets say is 1B

if this is outside the 11 --- who took that money and where is it?

again the money is not what is listed --- IMO all of that is dust and ash as is the case for 99% of MBS paper like this

but the along the way cashflow for the 5-40 interest held by parent WaMu?

was it all eaten up by WaMu being Tranch 1 and first to die as defaults grew?

was it NOT eaten up and cash was received for many years

where is that cash flow - where did it go and what happened to it ?