Mr Cooper Group Inc (COOP)

[LuckyPanda]

This simply states that WMI did not directly participate in the securities. It doesnt state that it or the tracking markers for the original estate equity owners (aka escrow markers) are not a beneficiary of any BK remote trusts that may be holding such securities.

Again, why would the hedgies settle for a $200M WMIH which is now worth even less with the dilution of their original stake after merger with NSM?...when they had billions in claim. They wouldnt have settled for measly WMIH. They could have kept the bk going with the 5th amendment claim.

Also, JPM publicly stated that they only bought the servicing rights in purchasing WMB... So where did the $9B a year net interest profit margin in the Wamu loan portfolio go? Who has it if JPM claims they dont?

Someone has it. There are only 2 logical answers to this. Either 1) FDIC illegally seized it for themselves or 2) they interest profits have been collecting in bk remote trusts for the last 12 years...and hence totally unaccountable to the WMI bk.

The only puzzle here is, who controls when the bk remote entities repatriates the $40B to $80B piggy bank back to our tracking markers.