Replies to post #711178 on Mr Cooper Group Inc (COOP)

[ron_66271]

Now Consider That JPM and BofA Were The Largest CDS Writers.

And also the major currencies manipulators of the LIBOR interest rates to minimize CDS payments.
Like all Insurance companies; it’s all free money until the storm hits.
1999-2006...2007?...2008?

The CERTS of the ABS/RMBS and other securitized assets were insured by the trustees as required by the associated Prospectus.


The Major Players now constrained by a Stipulation to perform by government agencies.



Ron