Mr Cooper Group Inc (COOP)

[AZCowboy]

... Was There a Question Regarding the GSA ? ...

Does everyone remember exactly, .... "Who" .... negotiated the GSA' ?

The fact that the FDIC Receivership was not released within' the GSA is very, very, important to any discussions regarding the GSA' ...

And' when considering the FDIC-R as an addition source of "Returns to the Original Debtors Estate'"

Since those earlier moments in time, ... during, 2010-2011 .... they all' .. knew about the FDIC-R's procedural events regarding the "R", .. the FDIC Receiver' ...

In my opinion, this is why they, (the hedge funds that negotiated the GSA directly with JPM and the FDIC) .... explicitly, went out of their way to NOT release the FDIC Receivership within' the GSA .... just in case "R" forgot what it was supposed to do, when the appropriate time came' ...

Here is a little nugget for everyone' .... check out this mention within the GSA .... (page 234 of the PDF)

“Released Claims”

"... provided, however, that “Released Claims” does not include...... (2) any and all claims held by
entities against WMB, the Receivership and the FDIC Receiver solely with respect to the
Receivership, ..."

http://www.kccllc.net/wamu/document/0812229111212000000000003

Looks like the snh's trusted JPM and the FDIC ..... but' they put this in the GSA, ..... ya know' ... "just in case" someone needed to be reminded of the original deal' ..... I mean, six years is a long time' .... right' ? ... That P&AA had a full six years to termination and all' ... and sometimes people need to be reminded when they owe you money'

However'

I still maintain' though' that for now and for the WMIH-Corp(s) move forward' we need to keep an eye on WMIIC' ... I believe WMIIC is to be the "acquisition"

AZ