Mr Cooper Group Inc fka COOP

[JusticeWillWin]

hotmeat, from your own statement

"The FDIC-Receiver will treat the Trustee Allowed Claim proportionally with all other allowed general unsecured claims and will not subordinate or otherwise diminish the Trustee Allowed Claim. Any and all distributions on account of the Trustee Allowed Claim will be made by the FDIC-Receiver to the Trustee as and when the FDIC-Receiver makes distributions to other general unsecured creditors holding allowed claims in the WMB Receivership Estate"

treat the claim "proportionally" means, the pro rata share with other claims of the same priority is fixed!

From your latest post:

That said, clearly the FDIC signed an agreement stating, the DB claim would be paid in full. That is inherently clear to me from the settlement language..

...should be...

That said, clearly the FDIC signed an agreement stating, the DB claim would be accepted in full. That is inherently clear to me from the settlement language..

...which IS NOT the same.

An accepted claim can receive nothing or only pennies on the dollar!