Rocket Companies Inc (RKT)

[Nightdaytrader]

Nightdaytrader9
April 22, 2022, 04:28:42 PM
I still think USBancorp has a role to play. They were appointed by FDIC and USBancorp is also using JPM Chase and Nationstar to service some of the mortgages.. not to mention that between 2008 and 2014, USBancorp acquired $1 TRILLION in Trust Assets... a lot of them were WAMU mortgages... Some examples of USBankcorp being involved:

For Example:
Assigned to U.S. Bank National Association, Trustee of the WAMU 2007 MF-1 Trust ("Assignee") by Federal Deposit Insurance Corporation as Receiver for Washington Mutual Bank, FA ("Assignor") with Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing dated December 1, 2010, recorded on December 14, 2010, in the Official Records of Philadelphia County, Pennsylvania in Document ID. No. 52292850 then Assigned to JPMorgan Chase Bank, N.A. ("Assignee") by U.S. Bank National Association, Trustee of the WAMU 2007 MF-1 Trust ("Assignor") with Assigmnent of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing dated December 2, 2010, recorded on December 14, 2010, in the Official Records of Philadelphia County, Pennsylvania in Document ID No. 52292911 (collectively, the "Mortgage") regarding the real property as more particularly described on Exhibit A attached hereto and incorporated by this reference.

Another Example:
Limited Power of Attorney
The trusts identified on the attached Schedule A (the "Trusts"), by and through U.S. Bank National Association, a national banking association organized and existing under the laws of the United States and having an office at One Federal Street, EX-MA-FED, Boston, MA 02110, not in its individual capacity but soley as Trustee ("Trustee") hereby constitutes and appoints Nationstar Mortgage, LL ("Servicer") ...... etc, etc....

Schedule A

U.S. Bank National Association as Indentured Trustee for

579 Washington Mutual Mortgage Pass Through Certificates, WMALT Series 2006-AR1

580 Washington Mutual Mortgage Pass Through Certificates, WMALT Series 2006-AR4

581 etc

Another Example:
From UBbancorp 2013 annual shareholders charts, "acquired since 1Q2008, trust assets under administration $1 trillion."

Another Example:
US Bancorp letter telling JPM Chase that they have been servicing BOA and LaSalle bank... Now, US Bancorp owns trusts and the want Chase to notify all... and perform tasks 1-7 on US Bancorp's behalf... Also, scroll all the way down to bottom of link... More WAMU RMBS securities...