Mr Cooper Group Inc (COOP)

[Large Green]

Court sealed, redacted registry accounts that contain monies to pay law firms whose billing has been plus/minus in the neighborhood of one billions dollars to date.

How does one forget about the BILLIONS and BILLIONS of dollars?

Funny, how we never see a statement of these accounts. I believe the billions for the 363/sale went into these accounts and when Rosie was asked how these funds would be invested, he advised high yield Government bonds.

And what about the hundreds of billions in certificates that are protected in Safe Harbor and yes, these monies would not be part of the actual bankruptcy case (s)

Remember, according to the POR, JPM did NOT get everything and when WaMu was seized, it was ILLEGAL to take the holding company assets.

Remember, WaMu was a Fifth Amendment Taking and will have to be paid for and once compensation flows then the majority of the tax attributes goes away as well as there will be no-where that even remotely hints at a 5th A/T
______________________________________
The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine.

We also have in there the part (b) of what is to be retained, and that is because in negotiations that we had with all of the settling parties, with the equity committee last week, with the FDIC, we did talk a great deal about the concept of the retained assets.

Now, it's my position, Your Honor, that the examiner doesn't need to do

much with the retained assets other than say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through.

But I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.
________________________________________
FDIC TRULY states HUNDREDS of BILLIONS in WaMu Assets - Yes, HUNDREDS of BILLIONS


https://www.fdic.gov/about/strategic/corporate/cfo_report_3rdqtr_15/0915_cfo_report.pdf


***Bottom of page 7***


Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF


Have I told you lately how much more, more and more I truly love my Escrow Shares which continues to grow immensely every single day?