Mr Cooper Group Inc (COOP)

[Johnnyiwantsome]

I always go back to valuation by GAO


Washington Mutual also had several nonbanking subsidiaries, including two captive reinsurers, several mortgage companies, and several real estate companies. At the time of filing, Washington Mutual had

approximately $32.9 billion in total assets

and total debt of approximately $8.1 billion.


32.9 Billion Assets
-8.1 Billion Debt
_______________________
= 24.8 Billion Remaining assets

24.8 Billion ON THE BOOKS OF WASHINGTON MUTUAL INC! NOT BANK... INC!
WHO HAS THE MONEY ?

In my opinion and from my research over the years I most definitely believe 24.8 billion is the number with interest accumulating. I would like to believe big numbers however I see no path to pie in the sky numbers I do believe we will see recovery north of 24billion plus interest added less lawyers, accounting and litigation expenses.

https://www.gao.gov/assets/330/321213.pdf";; rel="nofollow" target="_blank" >https://www.gao.gov/assets/330/321213.pdf

Regards,
B