Mr Cooper Group Inc (COOP)

[fredmiller1999]

based on my previous post....

im attempting to put a substantial value on the servicing loans said in the Settlement agreement.

just my opinion but after the mention of "Over $20 billion in assets".

the parties reached a settlement that was approved "incorporating the terms of the settlement ("Settlement").

what i find interesting is WMI, JPMC, the FDIC & the Receiver reached an agreement incorporating the ("Settlement").

in my opinion it was the ("Settlement") that concluded ownership of over $20 billion in assets.

as i read the entire ("Settlement") last night i noticed two things.

1.) WMI taking ownership of Loan payments and the respective rights and releases to the cash

2.)WMI, JPM , and the FDIC splitting up tax refunds. and releasing each other of.

the ("Settlement") had nothing to do with the ownership of WMB

it was all about WMI.

IN MY HONEST OPINION... if there was a dispute of over $20 billion in assets and it was settled based Solely on this ONE agreement ("THE SETTLEMENT") which only talked about 1 set of substantial assets EXHIBIT "Z"

what, how can a settlement happen over $20 billion unless the $20 billion in assets were indeed EXHIBIT "Z"

i noticed the entire ("Settlement") imho was all about WMI getting a piece of the pie... infact after they got the loans back

por 7 was AMENDED... INTERESTING how it was all about WMI getting something back and its all over.

just my 2 cents

last post of the day.






"Thereafter, WMI, JPMC, the FDIC, in its Corporate capacity, and the Receiver became involved in several lawsuits contesting the ownership of over $20 billion in assets.

The parties reached a settlement that was approved by the FDIC's Board of Directors on May 20, 2010, and WMI filed a plan of reorganization incorporating the terms of the settlement ("Settlement")."