Replies to post #544553 on Mr Cooper Group Inc (COOP)

[hotmeat]

Ques: Is it not true that the assets in the above trust were sold to investors or other banks or ….? And the potential value to the Escrows or LT is (only) the (remaining) beneficial interest that WaMu may have retained and NOT the $24-27B


No...the $24B-$27B was the actual market value of the investment assets as stated in the June 30, 2008 Form 10Q, not 5-10% of that value.