Does that number have any relevance to JPMs $1.8 Billon purchase price.
Was that a FULL PURCHASE PRICE?
When you have comment that "JPM DIDN'T PURCHASE SUBSTANTIALLY ALL OF THE ASSETS"
Just like m/any others here, WHO KNOWS for fact
I think it was like a OPTION to buy,where you place a sizeable option payment, and in THIS CASE then they get to look at the loans they want to buy and CHERRY PICK those over a 9 years time frame with money being placed in WELLS FARGO ACCTS for anything THEY EXERCISED THEIR OPTION ON.......
TIME WILL TELL AND TIME TELLS ALL
I guess the flip side to that would be
Do you think 1736 trust with a value say of 1-5-10-50 MILLION each could be bought for 1.9 bill, let alone if they were larger than that