Mr Cooper Group Inc (COOP)

[BBANBOB]

DMDMD has just made his last post!!!!!!!!!!!

Much thanks is due to DMDMD and his excellent DD he has compiled and shared with all of us over the time..


This will be my last post. I would like to thank all the posters throughout the world that has performed DD and has kindly shared it with our Wamu community.

I will continue to read posts, but I have no need to post anymore. I have realized that this Wamu saga was a once in a lifetime opportunity and it will bear fruit in the coming days, weeks, and months ahead and stretch into many years until full compensation has been given to our WMI Escrow Markers!

I still stand behind all my numbers regarding recoveries. Read all my previous posts. I have detailed all my DD with links.

IMO...So my final conclusions as of December 30, 2020 @ 0914 CST:

1) WMI Escrow Marker Holders will be issued new COOP shares in order to keep NOLs intact on or before December 31, 2020.

2) If Mr. Cooper decides to buy unliquidated WMI assets. WMI Escrow Marker Holders will be issued new COOP shares in lieu of unliquidated WMI non-banking bankruptcy remote assets (i.e. beneficial interests in MBS Trusts, mineral rights, real estate, Credit Default Swaps, etc).

3) DTC will disburse cash to WMI Escrow Marker Holders from liquidated WMI assets after the FDIC Receivership is terminated.

4) The whole COVID-19 pandemic was man made and used to elicit a global lockdown in order for:

A) US Federal Reserve and other central banks to legally buyout all the toxic debts (i.e. MBS, ETFs, junk bonds, etc.) from banking and non-banking Wall Street entities.

B) Global reset and replacement of the physical US dollar to the FedNow Account dollar! This will be implemented by 2023 or 2024!

Thank you to all and good luck with all your endeavors! Stay vigilant!

https://www.federalreserve.gov/paymentsystems/fednow_about.htm

“
FedNow? Service

The FedNow Service will be available to depository institutions in the United States and will enable individuals and businesses to send instant payments through their depository institution accounts. The service is intended to be a flexible, neutral platform that supports a broad variety of instant payments. At the most fundamental level, the service will provide interbank clearing and settlement that enables funds to be transferred from the account of a sender to the account of a receiver in near real-time and at any time, any day of the year. Depository institutions and their service providers will be able to build on this fundamental capability to offer value-added services to their customers.

The FedNow Service will be designed to maintain uninterrupted 24x7x365 processing with security features to support payment integrity and data security. The service will have a 24-hour business day each day of the week, including weekends and holidays. End-of-day balances will be reported on Federal Reserve accounting records for each participating depository institution on each FedNow Service business day. Access to intraday credit will be provided to participants in the FedNow Service during its business day under the same terms and conditions as for other Federal Reserve services.

The FedNow Service will provide a liquidity management tool to support instant payment services. The tool will enable participants in the FedNow Service to transfer funds to one another to support liquidity needs related to payment activity in the FedNow Service. The tool will also support participants in a private-sector instant payment service backed by a joint account at a Reserve Bank by enabling transfers between the master accounts of participants and a joint account.

The first release of the FedNow Service will also include optional features: fraud prevention tools, the ability to join initially as a receive-only participant, request for payment capability, and tools to support participants in their handling of payment inquiries. The FedNow Service will be released in phases and additional features and service enhancements will be introduced over time. Other aspects of the service, such as fee structures and governing terms, will be announced prior to the launch of the service.

The target release date for the service is 2023 or 2024. As development of the FedNow Service progresses, additional details will be available through established Reserve Bank channels, including more specific timing, and implementation information for depository institutions.”
« Last Edit: Today at 10:40:30 AM by Dmdmd1 »