Replies to post #726314 on Mr Cooper Group Inc (COOP)

[lodas]

the following is what happened to your money when you bought preferred stock in WAMU......Killinger took your money and invested it with "crappy unsecured liar loans, HELOC loans, vacation loans, and all sorts of sh*t loans, sold them to GSE, and Barclays bank to package and sell this junk all over the world with the label of MBS, to greedy buyers looking for big returns ... Long Beach Mortgage was engaged in lending out sh*t with "liar loans to pedros coming across the border buying homes with bogus information on loan documents all the while WAMU was selling this sh*t to Freddie and Fannie, and getting money back to do it all over again and again....you want money after 15 years?... go get a job.and earn it if you can....... Lodas