Mr Cooper Group Inc (COOP)

[newflow]

IMHO Plan contribution assets were sold to JPMC by debtors using rule 363 of bankruptcy in a Global Settlement Agreement.These assets were sold by WMI using FDIC as the mediator using rule 363 clear of any liens, Claims, interests using Global Settlement Agreement.Its not using P&A between JPM and FDIC, this is separate sale in ch11.TPS was one of those assets.JPM had/has to pay the moneys for these assets which ultimately benefits WMILT and the beneficiaries of the trust(former equity too, one of the trust beneficiaries).