Thanks foe your excellent DD.
IMHO, missing puzzles start to point out JPM who might be the one holding the magic wands. I hate JPig, but JPig might have a huge plan for mortgage business, including retails and on line both.
CEO of NSM told the share holders the big benefit follows after the merge/acquisition. If the SH assets don't coming back ( I agreed with you 100% eclipse is NSM), why does NSM need us. Since JPig is still servicing SH, let WMIH as a sub of JPig to handle all mortgage business inside out.