Replies to post #743666 on Mr Cooper Group Inc fka COOP

[ron_66271]

No. The WMB Notes are Over-collateralized 2X.

The WMB Notes can fully cover all off the obligations to creators and with a large Performance Payment.

It’s about the Derivative Contracts paying for the 11.9% losses to the MBS.

That is what LIBOR is all about.

The TBTF FAILED.


Need numbers?



Ron