Mr Cooper Group Inc (COOP): JPM’s Charter Did Not Allow for JPM to H...

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Re: ron_66271 post# 686140

Wednesday, 04/20/2022 7:53:41 PM

Wednesday, April 20, 2022 7:53:41 PM

JPM’s Charter Did Not Allow for JPM to Hold a FSB.

JPM as a Bank Holding Corp (National Association), their charter doesn’t allow JPM to hold a Federal Savings Bank.

OCC; Office of the Controller of the Currency gave JPM one year to convert WMBfsb assets into JPM.

The FDIC Relationship of WMB needs to close.

Now is a good time.

Great job ND9,
Ron

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