Mr Cooper Group Inc fka COOP

[ron_66271]

Next Scheduled LT Distribution Date,

is February 1st for any funds received in the forth quarter of 2018. Before the EC Scheduling Order became moot, the hearing to rule on CIC was set for February 4th. The EC Adversary Cases are all set to be removed from the BK cases. With CIC, JPM then owns "WMB and it's assets" and the responsibility of the EC claims. JPM agreed to pay the EC's CIC, then fired the employees. The FDIC/FRB never said that JPM couldn't give Vested Equity Interests and Golden Parachutes payments from JPM to the WMB employees.

Yes, IMO CIC happened EOY 2018, and Point 11 of #12563 became moot.

Yes, non-scheduled LT distributions can take place at anytime.

Doc #12499 started the final legal protocol for closing the BK cases. Also in #12499 footnote 1 changed!



Review;

* FDIC/OTS never had standing to seize property of a Holding Company.

* The seizure of "WMB and it's assets" was a Fifth Amendment Taking, 5AT.

* WMB's Tier 1 Rating was ~7.8 as reveled in JPM's 2008 10K.

* Remember, it was a Credit Crisis, not a Mortgage Crisis. The Derivatives were the problem,

* The GSA closes with "The Final Payment" to WMI for "WMB and it's assets".

* BK can't close with the GSA not completed.