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Replies to post #743763 on Mr Cooper Group Inc fka COOP

Replies to #743763 on Mr Cooper Group Inc fka COOP
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LuckyPanda

06/12/25 9:27 PM

#743764 RE: ron_66271 #743763

Thanks Ron. That makes sense that Wamu bought CDS as a hedge against their MBS portfolio. I was thinking of speculators like those in The Big Short movie. Do you know how much notional CDS value that Wamu lost out on?