Replies to post #427330 on Mr Cooper Group Inc (COOP)

[Upperlippy]

Not that difficult isn't it? My first champagne bottle is open!

[strech]

Tanj,your post makes a lot of sense!!

[investorhub123]

what is the value of $30 billion in Loans?

We all know it's not worth $30 billion...
In other words you wouldn't pay someone $30 billion for the loans.
If the loans mature in let's say 15 years than the owner of the loans would pocket about $9 billion....
If the loan terms are 10 years, they pocket about $6 billion.....

So the real question become how much would someone pay for those dollars.....

[bkshadow]

tanjazielman, Examiner didn't perform a valuation...

...that's it.

...JPM is bragging about HOW GOOD the COMMERCIAL APARTMENT LOANS that THEY BOUGHT IN WMB FROM THE FDIC-R are performing.

...how can they brag about that IF THEY DON'T OWN THEM?

...black and white.

...clear, concise and factual.

...it is what it is.

...it is what they said it was.

tanjazielman Wednesday, 07/01/15 02:35:00 PM
Re: PickStocks post# 427313
Post # of 427382
Examiner didn't review WaMu's "extensive loan file" remember?

Mainly because it was not part of the 1.88 billion deal (shown in multiple documents where no bid has been made on the loans, but a bid of exactly 1.88 billion was made for the bank offices and deposits).

So this US Government auction of WaMu-mortgages JPM just won (the actual words in the PR), means to me that we (former WaMu-shareholders with actual escrows in our account, so not the royal "we") just got 30 billion richer.

Yes?

[PickStocks]

Tanj, while I agree with you, it should be a plus for us, but we will not know that and rosencrap or the fdic will not shed any light on that. Thank goodness JPM could not keep quite.....However, suckman and group will not help either......