Replies to post #549068 on Mr Cooper Group Inc (COOP)

[user7770]

"WAMU only retained a small percentage in the Trusts they created, (2-3%)"

I'm not saying that you're wrong here, but where are you getting that information?

[goodietime]

"The FDIC screwed WAMU by gifting most of it's assets to JPM for $1.88B."

What takes precedent? The 'bid of 1.8B', or the PA&A that clearly states getting BOOK VALUE for what JPM wants?
That is stated in the 'short version' of the PA&A. Who knows what is in all the redactions in the Long Version?

[Donotunderstand]

yes

and that number - 20B is a historical total --- not what might have been left at the time of 11