Replies to post #639761 on Mr Cooper Group Inc (COOP)

[austin01]

Royal Dude, so escrows is legally entitled to the "fair value" that JPM still owes for Washington Mutual. Is that your understanding. If so, where is that documented? Or are you talking about the trusts, safe harbor assets, etc.? Who is supposed to get paid for such things as Washington Mutual's real estate and other assets besides the bank operation itself which I assume is what JPM bought with that initial 1.8B down payment. As you can see I'm in need of another concise explanation. LOL