Replies to post #505653 on Mr Cooper Group Inc (COOP)

[Dmdmd2020]

Joihnnyiwantsome, per your previous post:

"So with over 90 Billion at DB this article says they have another 100 billion in contention.
Quote:
In August 2009, Deutsche Bank, as trustee for about $92 billion of notional WaMu securitizations, filed suit against the FDIC demanding the repurchase of billions of dollars of mortgages that they argued violated representations and warranties in the pooling agreement. The FDIC moved to dismiss the complaint, arguing that JPMorgan had assumed the liabilities in the WaMu purchase. Consequently, Deutsche Bank amended its complaint to add JPMorgan. JPMorgan is protected by a broad gag order that has sealed away, from public view, any internal communications on Washington Mutual. We have had to rely on public information and information provided as a result of freedom of information requests."

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Do you have a link to that article you referenced?

I want to read the full article.

Thanks