Mr Cooper Group Inc (COOP): AZ, do you think the $20.7 billion liste...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	73
Posts	8912
Boards Moderated	0
Alias Born	06/05/2014

JusticeWillWin

Re: AZCowboy post# 528367

Wednesday, 07/25/2018 7:41:33 AM

Wednesday, July 25, 2018 7:41:33 AM

AZ, do you think the $20.7 billion listed in the Feb. 2012 MOR (which was the last MOR before the Effective Date) as negative value (because in parentheses) (that's why also called "reatained deficict") on the Debtor's side (left) and as positive value (because no parentheses) as distribution to the Liquidating Trust has something to do with these "assets" (bankruptcy remote/safe harbor or whatever) A&M took over...?

What else could it be? Did WMI really had a $20.7 billion "retained deficicit" at that time?!?

EDIT:
(If I remeber correctly the first MOR only showed around $16 billion, but I have to check that...)

Your post:

~ Well, I Believe WMIH-Corps' Portion Is Also Sorta "Big" ~

... "WMI Owns 100% Of The Equity Interest In WMIIC" ...

... At this late date, many of the trackable Trusts are a large percentage of "Cash" ... Not All, but a lot

and' WMIIC was the WMI cash return managing system, that A&M took over "nunc-pro-tunc", ... (back to 10/02/2008) ... after WMIIC had also filed for Delaware Bankruptcy Chapter 11 Protection' ...

Remember, WMI never actually owned any of the securitizations', ... WMI participated within them, along with many others'

AZ

---------------------------------------------------------
- Just my personal opinion, no investment advice! -
---------------------------------------------------------