Mr Cooper Group Inc fka COOP

[hotmeat]

Quote: "1) WMI owns 100% equity of WMIIC, not the assets of WMIIC. Thus WMILT/WMI Escrow Marker Holders owns 100% equity of WMIIC, not the assets of WMIIC."

Remember what the POR or the LTA stated???...that all assets of WMIIC were contributed to the WMILT, except for the equity interests. WMIH received 100% of the equity interests of WMIIC, not the assets. Could the LT have played some shenanigans with WMIIC assets by transferring them to DST's?, yes because it had no Creditors in bankruptcy. Unfortunately that scenario is quite a stretch.