COOP has been filing reports for a while now...where are these assets you speak of and why are they not reflected in terms of BILLIONS in value to COOP???
First of all, COOP may not service those trusts as you stated because they may be dissolved. And even if they do then they bought it out right for pennies to the dollar and do not pay escrow for life, IMPOSSIBLE.
And COOP is already servicing HALF OF A TRILLION in mortgages and earned peanuts.
This is Gibson talking as you guys called me. I wish I am that smart but anyway I will pretend to be him while it lasts.
Fred, Do you have any links or further information on the referenced Great Western Trust II. Do you know the value? Was this information in the new 10-K?
Great western trust II Is a high light in my post.
Its ours, Coop is managing it. It will live forever. It will pay forever.
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