Mr Cooper Group Inc (COOP): 30B was not part of servicing it was par...

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Mr Cooper Group Inc (COOP)

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Re: DarkB4Dawn post# 688797

Friday, 05/20/2022 3:27:01 PM

Friday, May 20, 2022 3:27:01 PM

30B was not part of servicing it was part of the loan book (assets) of WMB which JP acquired.

Purchase price was largely through assumption of 265B of liabilities (mostly deposits) plus 1.9B payment to FDIC, details are on p 16 of the investor presentation from 2008

https://jpmorganchaseco.gcs-web.com/node/79286/html

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