Mr Cooper Group Inc fka COOP

[AZCowboy]

~ LP’s # 560776 Deserves A Bump’, A True Common Sense Approach Possibility’ ~

... ”due to the fact that”, ... All of the ABS-Cert Performing Trusts, whether packaged or participated within’, or a combination of both, ... by Washington Mutual Inc., and it’s operational subsidiaries, ... were never actually able to be “Owned” by WMI’ ... and so would obviously”, be totally separated from a WMI Bankruptcy Consideration, or from WMI’s eventual Reorganizations Liquidation Trust, which has obviously been used to pay WMI’s Plan Approved Debt’ ... Tranche 4 has now been paid in full ...

These totally separated ABS-Cert Performing Trusts would include the, “Washington Mutual Capital Trust 2001” and a whole bunch of others ...

AZ, I agree with you on LTI. I contacted LT last year to see if I needed to update my new address for their file. They told me I only needed to keep my address with my brokerage that held my escrow markers. Issuing LTI to all the common holders would be expensive and I dont think they are planning on doing so from the response they gave me. There must be a mechanism for them to distribute whatever is left in the LT directly through the escrow markers without LTI. Also, I think the safe harbored assets may not "pass through" the LT. If such happened, the LT may be legally liable for the manner in which they have denied the existence of bankruptcy remote assets all these years and also their confusing language on the 75/25 issue.

In order to truly separate the LT from disclosure liabilities, I think there must be a mechanism to directly flow the safe harbored assets from the bankruptcy remote trusts to our escrow markers and bypass the LT all together.

this simply makes sense, ... only roughly $37 million (ish) now left in the WMI-LT, after the $50 million distributed on 02/25/2019’ ... No additional LTI’s ... and the 75/25 ratios to only be a consideration of the RE-Distribution of the $37 million (ish) or less after expenses of the WMI-LT’s remains ...

AZ