Replies to post #407296 on Mr Cooper Group Inc (COOP)

[W3Research]

HM, Nice Info! ...

"Confirming, under oath and in print what we already suspected: there is no schedule of mortgage loans evidencing what JPM allegedly “purchased” from the FDIC in connection with the failure of WaMu. This is from the sworn deposition testimony of Lawrence Nardi, the operations unit manager and a mortgage officer for JPM, who was previously with WaMu and was picked up by JPM after WaMu’s failure. The 330 page deposition was taken by counsel for the homeowner on May 9, 2012 in the matter of JPMorgan Chase Bank, N.A. as successor in interest to Washington Mutual Bank v. Waisome, Florida 5th Judicial Circuit Case No. 2009-CA-005717."

Curious that posters on a message board know exactly what JPM bought, yet actual JPM employees who are supposed to know don't have a CLUE!!!!

"PennyMac claimed that the FDIC assigned the loan to it on September 3, 2013, which was almost 5 years after JPM claims to have purchased the WaMu loans from the FDIC as set forth within the now infamous Affidavit of Robert Schoppe, which JPM has used around the United States in alleged support of its claim to have purchased all WaMu mortgage loans from the FDIC when WaMu failed."

I guess JPM didn't purchase "EVERYTHING" after all....

[bkshadow]

hotmeat, the case is over...

...your quote is 2.5 years old. They lost. They filed for bankruptcy. They are charged with contempt of court. ETC.

[Large Green]

hotmeat, the bankruptcy case is over according to BK, so I guess Piers has been left impaired to give the bankruptcy case SOME credibility but what IS NOT OVER follows.

P&AA reconciliation with JPM/FDIC, tranches five/six need to be worked with over-funded claims, claims listed as assets in the final POR, court registry accounts and much, much more.

The final chapter has NOT been written.

HAVE I TOLD YOU LATELY HOW MUCH I LOVE MY ESCROW SHARES?