Replies to post #604642 on Mr Cooper Group Inc (COOP)

[BBANBOB]

"""The loans were sold to investors years ago,"""

But you SOMEHOW know for sure, NONE of those investors included WMI, clairvoyant?

[hotmeat]

I am quite aware of how these loans are packaged and sold to investors. It's a semantic issue...same as some equating the term ""Escrows"" with cash payments.

[PickStocks]

No, the FDIC allowed for JPM to hand pick the loans......They went after this knowing there was money because guess who had the books and who did not maximize the sale of the asset.....FDIC