Do the math...before NSM had anything to do with WMIH they already were servicing $500B+ in mortgages/loans. Unless JPM hired NSM to sub-service loans they acquired in the WMB purchase, there are none. Servicing loans is not ownership of interests as AZ and others seem to claim COOP has. It's 100% wrong.
COOP just filed quarterly results, where are the profits from the WMI assets they supposedly own? There are none because they own nothing, which if they did, has to be publicly reported as per Nasdaq requirements.
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