Replies to post #416149 on Mr Cooper Group Inc (COOP)

[bkshadow]

WMI did not originate 1997 Home Savings Loans...

...on Exhibit Z, serviced in accordance with Exhibit AA.

Those loans were originated by Home Savings prior to August 29, 1997 when it was acquired..They actual went through two successors, finally residing in Ahmnanson Obligations, a subsidiary of WMI. Again, WMI did not originate (or service) these legacy loans. Through succesive acquisitions since Home Savings, then Abhamson Obligations (which became a direct subsidiary of WMI with these "legacy" loans and need for WMB "then JPM" to continue the "servicing agreements" i.e., collect the payments).

tanjazielman

I think BKShadow is right in this being seperate loans, and not mortgage pools.

Where he is wrong, and what he always used as in his (circular) reasoning, that there were no mortgages originating from WMI. Guess we can throw that one in the bin.

Exhibit Z and AA show that a WMI sub (and not a WMB sub!) originated mortgages