Mr Cooper Group Inc (COOP)

[ReikoBlack]

According to Ron, the payment is $900 billion. And, it's to be paid to the WMI Estate. :rolleyes:

"JPM got their $645MM at the same time the FDIC got "the Final Payment" of around $900B for "WMB and it's assets" which completes the CIC. DBNTC and other Trustees received their Trusts distributions shortly thereafter, which finalized the PAA and Receivership and CIC with "the Final Payment" to the WMI Estate. IMO, on Sept 5th."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134277327

What is the payment and to who(m?) is it to be paid?