Replies to post #593878 on Mr Cooper Group Inc (COOP)

[zeus_0100]

The fdic is NOT holding wmi assets, so what they have or DON't have is irrelevant to escrow holders.

[Split T]

Roach58, That seems quite logical. I expect more information when they wrap up the Receivership.

So when the PAA b/t JPMC & FDIC completed in 2014, would that be a process where money changed hands, from JPMC to FDIC? If so, that would then coincide with the FDIC reporting to the board(their own board) in 2015 that they(fdic) had 299 billion(their words, not mine) AND zero estimated expenses(again, their words, not mine) to the fund.
I don't know how to ignore that. It's too significant to ignore. IMO