Replies to post #728425 on Mr Cooper Group Inc (COOP)

[Bizreader]

I don't think anybody knows as much as you do about the situation.

[newflow]

Then, how is WAMU making money for JPM?.If it was a failure business?

[redisnieurt]

technically WaMu didn't sell derivatives at all. WaMu sold agency loans to Fannie and Freddie. And WaMu packaged whole loans into securitizations and sold them as Bonds on Wall Street. Neither of those activities would be considered to be dealing in derivatives.