Mr Cooper Group Inc (COOP)

[LuckyPanda]

Boarddork, you have done a great service to all old Wamu investors here by sharing your research and it has certainly struck a nerve with some, who are trying to refute the evidence here by sowing doubt. Bottom line is, you can have many sec filings under different entity names based on where you are trading but there is only 1 ISIN identifying the actual legal financial entity that is recognized globally...the end.

So evidence shows all these legacy legal entities have continually operated independently and have been collecting money all these years as the loans have run down.

Only an idiot would believe that the old WMI entity had zero retained interests in any of these entities.

An honest critic may argue that the retained interest is small...but an honest critic would also admit that nobody knows what the retained interest percentage is.

We know its somewhere between $24B(stock holder equity at time of bk filing) and $86B (according to Dr. A testimony).

We also know that REITs are required to distribute most of its earnings as dividend every year per Sec regulations.

So any retained interest belonging to escrow markers must have been collecting in some remote bk trust all these years.

The billion dollar question is, when must the remote bk entity distribute that collected funds back to escrow?

Within a year of bk ending? By end of this year?

Or after both bk ending and FDIC closing the receivership? End of this year? March 2021? Who knows?

Or it doesnt need to distribute until it collects the last penny from the last operating security? 2041? This would suck!!! If this is the case then we need someone to admit this as it would definitely cause lifetime emotional trauma for everyone involved with this fiasco.