Mr Cooper Group Inc fka COOP

[Planet Paprika]

Thanks AZ for your opinion.
the FDIC mentioned more WMI ! investigations, or subpoenas for 2021, I think, regarding Libor ? Until then they will not close WMB, moreover it will be closed only when the assets have been increased AND when it is no longer of any use to the FDIC )

I see your ways and thoughts, but believe in a connection with above and don't believe a word the FDIC says, it would be unlikely that unsecured creditors will get anything anymore.

"Washington Mutual, Inc. and the interests of equity, debt holders or other creditors of Washington Mutual, Inc. are not included in the closure or receivership of the Bank."

Yep, that's a good thing, too, and suggests that you might be right, were it not for my distrust of all interpretations of legal texts that differ in meaning, separated by a comma, for example, or in lower and upper case ( assets / Assets ) or in fine print.

The FDIC has often "discovered" values after the fact, and we would not be the only case in the world where escrows were given a value.

I would love to support my assertions with links, but searching my posts takes a long time.

to 3)
So, In My Opinion, any gross numbers of the Asset Values of WMIH and its Subsidiaries, would be able to be utilized as Debt Collateral by the company "WMIH" as was originally done by the Great WMI' ... referencing the present tense BOD's statement regarding the utilization of "Predecessor Operational Protocols"

So WMIH benefits from values until WMB is complete, junior bonds have been assumed or paid off to find their way to Class 19&22?

And because that is still taking time, Alice is not yet legal,
we're working with the values, with no reporting requirement, which expires at the end of April.

and even then there are still loopholes not to have to report ?

I agree with you wholeheartedly about the Capital Trust.

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And on the subject of COOP :

-$1,564,448,620 non-refundable grant to Nationstar.

the box is not highlighted in red and it says :

Recipients of aid through TARP's housing programs (such as mortgage servicers and state housing orgs) received subsidies that were never intended to be repaid

https://projects.propublica.org/bailout/list

1,564 plus .... gives then which rate )

Thanks for your opinion !



by the way : your escrow common prediction minus 55 % is and was my prediction.
It has always been my confession, but I do not intend to present my figures here.
p escrow are different possibilities, and many different p cusip numbers....