Mr Cooper Group Inc fka COOP

[clawmann]

hotmeat, I don't think this is a complicated question. The LT - not WMIH - is the legal successor to WMI. Any assets that belong to WMI go to the LT.

Some posters on this board have made the mistake of believing that the POR does not govern such assets because those assets "were not within the jurisdiction of the bankruptcy court." This is a serious misunderstanding of the nature and purpose of the safe harbor provisions. The truth is that the safe harbor provisions say nothing of the kind. The safe harbor provisions protect securities transaction agreements from being avoided (undone) or stayed (halting the further performance) by the court.

The safe harbor does not mean, and has never been interpreted to mean, that assets generated by or pledged as security for such agreements that somehow find their way back to the debtor or the debtor's estate are outside the scope of the bankruptcy court or - in our case - the POR.