Replies to post #740223 on Mr Cooper Group Inc fka COOP

[ron_66271]

Simple Math Proves You Wrong!

According to the FDIC
“WMI/WMB securitized $2 Trillion Dollars of which $500 Billion as sold to F&F.”

Globic showed that the ABS/RMBS loss rate of 11.9% for the ABS/RMBS.

Therefore TBTF owes $178.5 Billion to WMI/WMB investors of WMI/WMB ABS Trusts.
Covered Notes, Perpetual non-accumulating Preferred’s.

$1,500 * .119 = $178.5 Billion.

WMIIC was a major investor in WMI/WMB offerings and other companies ABS offerings.
• Retained Assets.

Need more numbers?
• WMI sued the FDIC for $307.02 Billion?
• 363 Sales?
•



Ron