Mr Cooper Group Inc (COOP)

[ItsMyOption]

AZ, yes it will be good to see when WMI-LT closed the doors.

My email condolence letter to '[e-mail]' & '[e-mail]'

Dear Sirs:

I understand WMI-LT will dissolve end of this month-this is great news! . I also understand the LT never had legal control or position of the many off-book assets of WMI as they where managed by independent Trusts and where never a part of the CH. 11 reorganization. I also understand: More facts:

From JPM 8K
"Importantly, we did not acquire the assets or liabilities
of the bank’s holding company or assume the $14
billion of senior unsecured debt and subordinated
debt of Washington Mutual’s banks." Other 8K from JPM and FDIC reports =
'Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF'

JPM year ending 2014 10K reported R-203...... (Off Balance Sheet 165 Billion) report, and list it as considered assets of the former WaMu Estate.
http://www.secinfo.com/dJ5e.m8v.b.hem


It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership.

JPM however did service many of the ABS / MBS for the benefit of the Estate and FDIC and JPM is not released from any Liabilities until they complete their part of the GSA.

I also understand and have researched the Independent Trusts that have been setup at the DTC for the benefit of Estate Escrow holders.

?? Who is holding up the distribution of those off-book, Legal isolated assets – all never a part of the reorganized or managed by WMI-LT – when can we expect a distribution? Or is it out of the control of WMI-LT? I understand Chad Smith has been the manager along with Doreen overseeing those Estate Trust assets – not sure who or why Mr. Smith was paid 2.5 million is bonus – possible a coverup and shut your mouth payment – who approved that?

I and many others sure want this to end and have FDIC and JPM complete their part of the GSA and finally make distribution to Estate Escrow holders. Additional note: I do have proof of Estate assets waiting distribution through the DTC so please stop saying there will be no distribution - just close the door and turn off the lights as you have already waisted too much of the estate assets.

Sincerely