Mr Cooper Group Inc (COOP)

[Johnnyiwantsome]

Some of the issues being cleared up still.

After having multiple emails and a couple of conversations with various folks at the FDIC I belive the last bits of "KINK are getting Unwound." (possibly why the extention with Fdic and KKR).

I assert that al ot of what A&M is doing is MASSIVE number crunching and almost Forensically rebuilding of assets, trusts, etc. (remember the JPMC's Henchman took all the BOOKS not just WMB's, (collaberated by A&M's testimony upon retention).

In speaking with these folks (FDIC) when I got to the questions of mortgages and rights to title and foreclosure it was said that these where some of the remaining issues and such being resolved.

So in reviewing the list of 'Retained Assets" I started remembering I had come across a lot of issues related to Chases acting as if they had right to foreclosure and right of title and possession.

Which means that the FDIC either mistakenly conveyed these or JPMC decided to take all they could steal or claim that the foreclosure losses they would not be liable for and instead tried to stick the FDIC with the bill.

Well the only reason this even made it on my radar is a few homeowners "mostly Pro Se" fighting their foreclosure and traced titles back to various trust and corps that are NOT, I SAID NOT the property of JMPC but WMI. Hence, one of the Examples I will name and link to a very good example of this. (note the Michigan supreme Court sided with the homeowner and and said that JMPC was not the successor in interest

Below I believe is a good example of the loose ends HOWEVER the number must be pretty LARGE which I am sure A&M has been pulling mortgage by mortage if it was "conveyed in error" (LMAO)

The reason I think the Number Must be substantial is in POR7 both WMI and JPMC have escrow reserve accounts designed to handle this at a predetermined percentage and fashion, however I believe A&M is may be returning to WMI >>>>WMIH Millions of dollars monthly.

Hence THE hold ups !

Washington Mutual Mortgage Securities Corp
Does JP Morgan Chase OWN Washington Mutual Loans?

The mortgage notes will not be endorsed to the Trust and no assignment of the mortgages to the Trust will be prepared. Furthermore, the mortgage notes and mortgages will not be stamped or otherwise marked to reflect the assignment to Washington Mutual Mortgage Securities Corp. and then to the Trust. If a subsequent purchaser or creditor were able to take physical possession of the mortgage notes and mortgages without knowledge of that assignment, the interests of the Trust in the mortgage notes and mortgages could be defeated. In that event, distributions to certificate holders may be adversely affected.

So it is quite understandable that consumers are confused by JP Morgan Chase’s claim as a “party of interest” in their foreclosures. And every single one should be questioning that claim. If the loan was sold to Washington Mutual Mortgage Securities Corp back “when”, then how could the FDIC ever sell it to JP Morgan Chase? The fact is ..they did NOT. They may have sold servicing rights to the loan, but they did NOT sell the loans to JP Morgan Chase. And everyone should be demanding proof of that purchase.

I have seen numerous “Assignments of Deed of Trust” or “Corporate Assignment of Deed of Trust” in which JP Morgan falsely claims:

JP Morgan Chase as Success in Interest to Washington Mutual Bank

This statement is a flat out lie; JP Morgan Chase purchased assets from the FDIC they purchase NOTHING from Washington Mutual Bank. Don’t take my word for this; recently the Michigan Supreme Court looked at this issue and THEY declared in their ruling that JP Morgan Chase is not “successor in interest” to Washington Mutual Bank. See Michigan Supreme Court – JP Morgan NOT Successor in Interest to WaMu

JP Morgan Chase National Association Successor in Interest by purchase from the FDIC as Receiver from Washington Mutual Bank et al

Okay. That is possible if Washington Mutual retained the loan; but if there is a REMIC on the “assignment” then that is a flat out lie, because the loan was sold years ago to the Washington Mutual Securities Corp who sold it to the REMIC Trust; it was not part of the assets taken over by the FDIC. If they “purchased” it..show me the schedule. Show me the endorsement (a real one, not a manufactured one please). Show me the receipt. My oh my what a web we weave when we first practice to deceive. Investors SHOULD be all over this mess.



Ron Just saw your post ....stay on that and see wher it leads maybe some smoke there maybe not but whatever happens you are ALWAYs on it Dang Gone IT!;)


Regards,
B