Mr Cooper Group Inc (COOP)

[scrivenerserror]

I can not believe that , i think this construction of wmih / wmiic is there to provide the possibility to transfer the remaining wamu mortages/assets at jpm/fdic (38b not yet repaid mortages with average loss rate @ 59% = worst case 15b x 10% service fee = 1,5 - 3,8 b cash for wmih) without too much attention , so that wmih can service these assets and will be able to use their nol on their service fees . The owners of these assets are and will be the "estate"/"we". Maybe wmih will pay the owners for their assets with wmi stock . We will see .
The repaid cash at jpm (78 b - jpms service fees @~10%) should go to the trust /lti .
The 24 b (32b -8b + interest ~ 5%/7b ) assets of wmi should go to the trust/lti too .
~70b + ~30b= "jpm to shed off 100b"

Jpm still got the sweetest deal in history .
Fdic gets out without losing their "face" for their nonreleased wrongdoings .
Goldman gets out for their "help" to find our assets .
The highly illegal wamu heist never happened .
Nobody has to fear Rico .
Everybody is happy and nobody goes to jail .
Enough money to pay off everybody .
Book closed .

All just imho .

I do doubt that this process will start in 2015 and it will take til 2018 to completly resolve .