Mr Cooper Group Inc (COOP)

[ron_66271]

SamuraiProgrammer, #5885 and #9901.

When!

When JPM Pays for WMB,

then why would reorged WMI still have a loss from WMB?

With CIC's "the Final Payment" to WMI for "WMB and it's assets" then why should reorged WMI have NOLs?

Tranche 5 is the CIC Pay Point.

WMI only abandoned the 'equity interest' in WMB, not the Title to WMB.
Doc #5885.

JPM agreed with FDIC to pay CIC to WMB employees.

WMI's responsibilities was paid to Employee Claimant long ago.
PDF 40/133;
http://www.kccllc.net/wamu/document/0812229190125000000000001

THJMFW was to Rule on CIC on February 5th. IMO, this was the Drop-Dead Date for CIC.

No CIC, No GSA, No Releases.

* JPM raised $1.4 TRILLION.

Tranche 4 is just one breath away from being addressed, then comes Tranche 5 as the CIC Pay Point to Tranche 6.

No "the Final Payment" to WMI for "WMB and it's assets", No CIC, No GSA completion, No Releases to FDIC R & C.