Mr Cooper Group Inc (COOP)

[JusticeWillWin]

That's why I've posted it and higlighted the parts

I did another Google search AFTER my previous post and now found this FAQ. I've already read it some years ago, but now found it again. All the other documents I found in the past only said the "assets were contibuted to the WMI-LT as of the effective date"

I know, the WMI-LT uses LBA, but no "asset category" in the referenced Part II, Item 7 of the 2013 10-K could be classified as something that were assets from WMIIC and will "become valuable" in the future (and only then be recognized within LBA).

That makes me think the "contributed assets" were mainly cash or perhaps the $289 million (in notes?) listed in the referenced "Value Worksheet for Liquidating Trust Interest Holders"

https://www.sec.gov/Archives/edgar/data/933136/000090951812000140/mm04-0612_8ke991.htm

IMO unfortunately everything is still NO EVIDENCE that the WMI-LT is currently holding former assets of WMIIC becoming worth billions soon, even though it COULD be the case...

Your post:

From your post......(highlighted portions in red and blue)

Quote:

What are the Liquidating Trust Assets?

The assets that are to be held and distributed by the Liquidating Trust (the “Liquidating Trust Assets”) comprise all of the assets of Washington Mutual, Inc. (“WMI”) and WMI Investment Corp. (“WMI Investment” and together with WMI, the “Debtors”)) as of March 19, 2012 (the “Effective Date”), other than

(e) the equity interests in (i) WMI Investment,(ii) WM Mortgage Reinsurance Company (“WMMRC”), and (iii) Washington Mutual Bank.



"WMIIC's ASSETS belong to the LT while the EQUITY does not and as stated numerous times elsewhere, belongs to WMIH!!!

The above quote clearly states exactly what I've been saying.





Quote..."We refer you to Part II, Item 7 of the Liquidating Trust’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013 (the “2013 10-K”) for a description of the Liquidating Trust Assets"

In the very doc posted, LBA is clearly referenced. The most basic perusal of what LBA is and what it entails demonstrates that only Assets in Liquidation are required to be accounted for.

Also, since it is the belief of some that these Assets are currently being held in Safe Harbor/by the FDIC, IMO, it's safe to assume they are not in the LT's possession and thus unreported.

The major point is that the Liquidating Trust Assets (LTA's) are partly comprised of the ASSETS of WMIIC, be they $2B or $200B and as such available for liquidation by the LT.