Mr Cooper Group Inc (COOP)

[ron_66271]

Both JPM and BofA are Rising Cash.

2008 Derivative Market of $83 Trillion;
JPM 57%
BofA close to 30%
And both very busy manipulating the LIBOR INTEREST RATES.

In my understanding; The Trusts assets are liquidated back to the originator of the Trusts, JPM/BofA.
Now that J/B holds the trust assets, then J/B offers loans back to the trust holders.

Just study Debentures for yourself. I did!

JPM/BofA needs money at this time.
Liquidate the Trust and use the assets for collateral for the loans. Therefore raising currently needed money.

WMB/LIBOR.
JPM lost the Dual Track as an ‘intervener’ and the FDIC is required to enforce the DC Court Ruling against JPM.


Merry Christmas to all,
Ron