Replies to post #628311 on Mr Cooper Group Inc (COOP)

[LuckyPanda]

That makes absolutely zero sense. Why wouldnt you be happy to see FDIC close the Wamu receivership and see zero remote bk assets return to escrow...and see escrow markers get deleted shortly thereafter..

You would be proven right if that scenario occurs and everyone can turn off the lights on this board.

I just want to see the receivership close now and see you proven right about zero remote bk assets! I'm cheering for you!

[Royal Dude]

This is our money I am almost sure. Very slick way to do it IMO

"JPMorgan Chase & Co., Bank of America Corp., Truist Financial Corp., PNC Financial Services Group Inc. and Wells Fargo & Co. were the top five PPP lenders by volume, arranging a combined $91 billion as of June 30, SBA figures show. JPMorgan could make $864 million in related fees, according to S&P, but that will “represent a modest boost to the top line.” And JPMorgan is among the lenders, also including Bank of America and Wells Fargo, that plan to donate the fees.

Read Newsmax: Banks Poised to Get $24B in Fees From PPP Loans | Newsmax.com

https://www.newsmax.com/finance/aashshah/ppp-loans-banks-stimulus/2020/07/07/id/976149/