Mr Cooper Group Inc (COOP)

[boarddork]

2018 Rule 15G filings are lists of only failed securitized assets pledged to trusts subject to repurchase or replacement. This 2018 15G filing by WAAC now has zero exhibits. So since 2017, 100% of repurchase/replacemnt liquidations have all been paid for (covered by) WAAC.

Look at last year 2017 list of exhibits. You will see only the loans subject to repurchase/replacement - the distressed assets. https://www.sec.gov/Archives/edgar/data/1317069/000092963817000833/exhibit99-1.htm

2017: ~ $12B in Assets, in ABS.......

2018: no exhibits of remaining Assets, in ABS.


With the conclusion of DB/Globic Settlement/Agreement, as AZ has stated, things can now proceed from where they've been frozen for the last 10 years of safe harbor and legal isolation. And this is just for WAAC!

It is good news to me to see 10 years of stalled out repurchase/replacement obligations....are now complete thru end of year 2017. (confirms less than 10% of WAMU loans were bad).

We are moving forward..! !