Mr Cooper Group Inc (COOP)

[ron_66271]

Austin01, WMI Was More Than $375B.

$8B are the only know true liabilities of WaMu.

WMB ~$13B Notes are backed by +$26B in assets.

FDIC said WMB securitized $2T in RMBS, of which $500B was sold to FNMA and FMCC.

Yes, WaMu is very big and most of which was liquidated.

WMI BK; $33 - $8B = ~$25B.

~$25B - $7.9B = $20.7B in Feb MOR.


Relax, we will.