Mr Cooper Group Inc (COOP)

[tcr7309]

123, you are exactly right, this is the main problem. The wamu trustee is very seasoned and he has investigated the heck out of potential asset recovery. If major assets were out there he would be fighting for them.

JPMC is the scum of the earth. If money is in a jpm bank, ie, madoff, ect..the trustee has to fight tooth and nail for jpm to turn that money over to the estate(s). I see it all the time when I flip bk companies. Bottom line, no one is fighting for escrow monies and it surely is not going to fall out of the sky into escrow laps. I feel for those that are so hopeful based on a few posters who speculate billions coming their way. That is why I post, those who think wamu is getting a windfall imo are very inexperienced on how the game is played.

On the other hand, it would not surprise me that their analysis has merit but those assets that could have been their are long gone. imo