Replies to post #434221 on Mr Cooper Group Inc (COOP)

[PickStocks]

And So we are in the Money again!!!!!

Just got off phone with JPM invester relations

« on: Today at 10:10:45 AM »

Quote


I asked the gentleman i spoke to if i could share this information and he said this all was public information. :)

So i just got a return call back from jpm invester relations about my questions on the r203. He started by saying jpm bought the entire bank etc etc.

So i then explained off balance sheet and sent him a email with this green text as i was on the phone with him.

http://www.secinfo.com/dJ5e.m8v.b.htm
55: R203 Off-Balance Sheet Lending-Related Financial HTML 150K
Instruments, Guarantees and Other
Commitments - Loan Sales- and
Securitization-Related Indemnifications
(Details)

...Amount of residential mortgage loans, private-label securitization by Washington Mutual
165,000,000,000

Amount of residential mortgage loans, private-label securitization by Washington Mutual, Repaid
78,000,000,000

Amount of residential mortgage loans, private-label securitization by Washington Mutual, Liquidated
49,000,000,000

Percent of residential mortgage loans originally sold or deposited into private-label securitization by Washington Mutual, Average Loss Severity
59.00%

Amount of residential mortgage loans, private-label securitization by Washington Mutual, Remaining
38,000,000,000 ...
http://www.secinfo.com/$/SEC/IDEA.asp?R=J5e.m8v.2a


So then he did say these mortgages r203 are not jpm and the fdicr is holding them. (I am 90% sure he did say the R at the end of fdic)

He told me to refer to pg 300 http://investor.shareholder.com/jpmorganchase/secfiling.cfm?filingID=19617-15-272

in my opinion = My take on the conversation is jpm is trying to get the r203 MORTGAGES and are in a fight with the fdicr.

[EXDIMER]

Shomid. Read page 300

This is from the 10k annual report filed last February. It discusses LIABILITY disputes between JPM, FDIC and DB. Nothing about disputed ASSETS.