Replies to post #520125 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Yes, that's for sure. The starting point was, that boarddork said JPM DID NOT become successor in interest for WMB Bank, WaMu Asset Acceptance Corp. and so on...

Successor in interest to only what was sold to them by the FDIC, not what was retained for the benefit of the Receivership IMO.

[jerrylev]

Re: Successor in interest to only what was sold to them by the FDIC, not what was retained for the benefit of the Receivership IMO.

HM, so no matter if it was sold before 2012 or after, by now then everything was sold or almost sold. In your opinion, are you confident that JPM has to pay for it on top of the 1.9B sale price? Because it does not matter if it was sold in 2008 or after 2012, as long as JPM has to pay for it then we are OK.

And I don't believe that for a minute that the DoJ would sue JPM unless it owned it. You can argue that the DoJ forgived JPM because it simply bought the assets from FDIC-R or they forgived for other reasons, it doesn't matter, but JPM OWNS THE ASSETS. That is for sure because you don't penalise someone who does not own the assets.