Replies to post #627668 on Mr Cooper Group Inc (COOP)

[hotmeat]

Your claim that the residual interests held by WAMU SPE's generated $8.5B/yr is patently false.

The residual interests held by WAMU SPE's were minimal and seem to have been sold or no longer exist.

Never has there been any proof of such residual interests existing after the seizure in 2008.

The SPE's that held those interests were WMB subs and after 2008 they became JPM's.

If WMI's claim to their share of existing interests still exist then fine, we could receive something.

However, reality shows us that there are no such interests still in existence.