Replies to post #710286 on Mr Cooper Group Inc (COOP)

[ron_66271]

Fred, We All Are Extremely Frustrated With the Time Line.

The base numbers haven’t changed, just adding more interest payments due to time.


The 2008 Credit Crisis was all about JPM’s Derivative exposure.

Basic numbers;
JPM owned ~57% of the Derivative market, The Mortgage Market was ~$13 Trillion in 2008.
JPM ‘s possible MBS/RMBS [Trusts] was $7.41 Trillion.

For Discussion;
Figure 20% Mortgage failures that JPM needed to cover;
$1.48 Trillion.


Fred,
Back in 2008 the total number of derivative notables was ~$83 Trillion.
What is the current number of derivatives notables now?
I have posted recent numbers.

GSA Hint;
JPM lost.



Ron