Replies to post #685291 on Mr Cooper Group Inc fka COOP

[xoom]

The game has always been to leverage a DST/Trust and thus there is no need to report, by law. Also with the official gag order it became almost impossible for regular investors know about the actual values.
Hoping that all changes soon once the path forward is clear for all.
GLTA

[Sculan]

WAMU was not able to sell something (the loans) which WMB originated. So WMB is considered the "securitizer", they retained a minimum and that was lost with the seizure. That's even clearly stated in some JPM K's you can find on edgar...