Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Nosch, You Are Welcome ~

That Is Correct, ... Each Individual ABS-Cert (Performing Trust), ... is a stand alone financial mechanism in and of itself' ... IF' ?, ... any one participating investor finds the need to file for bankruptcy protection, the entire "Trust" as a performing financial mechanism is not affected, ... the individual investor finding a need to file for BK stays specific to its individual BK requirement' ... WMI' was able to pay all of its creditors at reorganization, with it's own "Cash on Hand and Tax Returns" (Plan 7) ...

So Yes, WMI's participating percentages as an investor in Trusts' were beyond Judge Walrath's consideration, as she stayed "specific to form" to WMI's Filing for Chapter 11 (reorganization)

Now, there were numerous "Trusts" WMI was obviously involved in, as the D.C. Dual Tracking Litigation in D.C. proved ... now of course, Settled as well ...

A number of years ago, I came across an actual listing of the WMI' "Pooling" and "Pooling and Servicing Agreements", there were well over 350 residential agreements alone, not counting commercial lines' ...

WMIIC was WMI's Money Management Sub' (documented), so to the literal, ... no assets of its own or operations', ... However', The Performing Trust Monthly Returns, could not be stopped', So enter WMIIC's need for its Filing FIRST', and then enter A&M (nunc-pro-tunc), back to 10/02/2012 to continue the monthly inbound' Trust Produced, cash managerial duties' ...

As I have posted a few times, Many of the numerous WaMu Related Performing Trusts' began being able to be tracked in January 2018, once the D.C. Settlement was completed as of 12/31/2017 as the 15(g) reports revealed' ...

... WMIH-Corp ... has now, ? become able to financially move forward, ...

Thank you again AZ

The 75/25 rule was and will always be discussions and how this regulation is to be understood. In my humble opinion, most hundreds of trusts, MBS, RMBS, etc. have been and are beyond Judge Walrath's authority. Walrath knew this and therefore approved Hochberg's investigation (an expensive investigation) knowing that Hochberg would not find the golden egg and was not entitled to search for it. Just because it was already in the safe harbor!
Hochberg had only restricted access to all the information he requested at that time. So in my opinion he was just investigating the left overs .... our 25% .... more or less. But not the pandora box we are waiting for. He was able to investigate the 25% of what can be gotten out of the bankruptcy estate. The crumbs!

AZ