Replies to post #487825 on Mr Cooper Group Inc (COOP)

[RajuSondh]

Mufa - it is openly stated in the news - $307 billion of assets and $188 billion of deposits and JPM paid 1.8Billions.
What happens to those $300B+ assets? I am still not able to digest that how does FDIC justify selling $300B+ assets and deposits for 1.8B? Even you sell those assets at 50% discount then you still have $150B+!!