Mr Cooper Group Inc fka COOP

[ItsMyOption]

Thanks Ron for pointing that out.
In part what FDIC stated and most important as RON pointed out is they are working under FIRREA and with gag order they don't need to disclose any payments going forward.

From FDIC email
Let me re-iterate that the receivership and the liquidation trust are separate legal entities, have different roles and responsibilities, and do not coordinate on each other’s missions. Therefore, the resolution of the receivership should not impact the distribution of holding company assets held by the liquidation trust. In addition, FDIC already paid preliminary dividends under the priority scheme under FIRREA to the general creditor class. Any future dividends will depend upon the receivership’s ability to recover additional value for the receivership.

Because of FIRREA as a gag order,

JPM could transfer the $500 Billion cash on hand to the FDIC and not be required to make an public announcement. The same is true for a transfer from FDIC to Holding Company, WMIH.

For JPM to hold that much money un-invested is irresponsible. Why didn't JPM make investments at lower creation of funds?


https://www.msn.com/en-us/money/markets/jamie-dimon-says-jpmorgan-has-stockpiled-500-billion-in-cash-that-it-will-look-to-invest-as-inflation-picks-up/ar-AAL3qRh



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165240041

The securitized Trusts as Bonds of WMB where insured by the likes of JPM.

WMI sued the FDIC for $307 Billion, of which about $7.9B has been paid back.

Hence: $299 Billion according to the FDIC for WMB and its assets.


I'm still here.
HLCE,
Ron

More later after you think about it.

RKT?
COOP can't do it, but the Holding Company, WMIH can.