Mr Cooper Group Inc (COOP)

[ron_66271]

Currently WMI Still Holds the Title of WMB.

WMI only released the Equity Interest in the Stock of WMB, not the Title. Yes WMI released all rights and title (control), but not the Title. That is what Doc #5885 is all about.


"WAAC and WMMSC are affiliates of the Debtor."

Because WMI still has Title to WMB, "the Bankruptcy Court has indicated that it will allow one Claimant to re-file its proof of claim" (MARTA) is valid until "the Final Payment" for "WMB and it's assets" is received, and the Title of WMB is transferred to JPM through the FDIC with the FDIC's payment.

Tranche 5 is now the active Tranche, which is the pay-point for WMB.