Mr Cooper Group Inc fka COOP

[contrarian bull]

I think your question was in regards to the paragraph highlighted in red:

2. No assets being handled by the FDIC Receivership (either hard assets or recoveries in litigations) shall flow to the Trust.

And you ask:

That means either EVERYTHING GOES TO COOP or THERE ARE NOT SUFFICIENT ASSETS AT THE FDIC to satisfy bondholders and then flow to equity. Any ideas what he meant exactly?

Amazingly the answer follows in the next sentence:
All assets that were to be transferred to the Trust have been transferred to the Trust in accordance with the terms of the Global Settlement Agreement approved by the Bankruptcy Court.

Translated: Everything that might have belonged to the WMI-LT was given to the WMI-LT already. That's it. They have it. There is nothing more. Everything else the FDIC may have belongs to someone else - if they even have anything.

This is really quite simple. All one needs to do is read.