Mr Cooper Group Inc (COOP)

[fsshon]

LG. In 2009 and late 2008 debtors counsel sought court approval to sell off certain assets of the estate. Court approved of these asset sales. WMI and WMB were basically singled out by FDIC as being "one in the same." This is why FDIC was able to seize corporate too.

363 does not pertain to WMIH so it makes no sense to put it here. Assets left over were sold off and monies downstreamed to pay off creditors and classes of creditors to the estate. If and when money does appear for escrows "it will not be from asset sales, it will be from litigation and/or settlement funds".

WMIH is outside BK court, so 363 is a bogus argument to fund escrows. Nothing to sell.

Cheers.