Replies to post #726488 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Nice Quote', Needs a mr cooper group' Bump' as the "predictables" show up ! ~

now ? they are denying the actual docket ? ... wow' ... LOL'

"The whiners here that sold or didn't release shares are some of the most bitter and jealous souls on earth as they have nothing coming back".

just sayin'

AZ

[lodas]

The borrowers and the FDIC was harmed by LIBOR, not WAMU... why?... WAMU just passed the higher interest rates to those that took out loans... The FDIC was harmed because they were over insuring the Liabilities of the WAMU banks and was not being compensated from the fees they got from the banks...WAMU was not involved in derivative contracts so they did not suffer losses like AIG did, and had to be bailed out,,,, WAMU sold home loans to GSE's, and MBS were packaged in Tranches and sold off to investors... there will be no LIBOR settlements going to WAMU, or WMI, .... the FDIC will keep any settlement monies to work off the 14 billion dollar loss on WAMU's balance sheet caused by the 16 billion dollar "run on bank deposits"...Lodas