Well, maybe the question wasnt specific enough.. maybe the question should have been "Is Coop servicing loans from SPV remote bankruptcy entities, whose beneficiary included the old Wanu estate?"
The loans didnt directly belong to WMI technically I suppose. But he understood the question.
I suppose we should be thankful this little dusclosure came out. It is the first confirmation of the 99% circumstantial evidence that JPM did not purchase the Wamu loans. only the servicing rights.
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