Thanks Bob, I believe COOP already has the WMI assets. MSRs they are getting the service income and we keep the mortgage income. They just haven’t paid for them(MSRs)!
"Just remember in 2007 according to the banking sub comm WAMU HAD 1.7 TRILLION in loans in force, but when it was seized it only had 635 Bill, have ya not ever wondered where the other 1.1 trillion went????
SPECIAL PURPOSE VEHICLES(SPE) just maybe"
Hmm... I really like your thinking about the "SPE" Thing...Now, only If we can get ALL of our "F&R" promised back...TIA & GLTU!
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