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Re: JusticeWillWin post# 671677

Thursday, 10/28/2021 3:53:11 PM

Thursday, October 28, 2021 3:53:11 PM

Post# of 735217
JWW, you said the following. "You are joking, have a look at the latest 2018 Nationstar 10-Q, they had already a MSR portfolio around $498 billion in UPB (=Unpaid Principal Balance)."

Yes, and thank you for pointing this out as I have not had time to look at the recent 10Q yet. I was mainly referring to the early years when (coincidently) NSM goes public around 3/7/2012 and around this same time this is when WMIH exited the BK court on the Effective Date of 3/19/2012.

I believe around this time NSM only had around 107 billion in SRs then it exploded it seems in the next several years from the ED of 3/19/2012.

My apologies if I have not looked at the SRs correctly and stand corrected if NSM has shown it paid for all of these especially after the seizure date in September of 2008 then again after NSM went public in March of 2012. Thanks for all you do.

However, I firmly believe shares will need to be issued to Old and Cold investors who signed releases by 3/2012 due to WMIH saying, "we believe there was an ownership change" on the Effective Date of 3/19/2012. So there either was or there was not an OC.

I believe once the shares are issued to Old and Cold investors who signed timely releases by 3/2012, and WMILT is finally officially dissolved which will happen in my view by 3/2022, then I believe the final numbers will be issued showing there was not an OC on 3/19/2012. Thus, allowing WMIH/COOP to have billions more in tax attribute/NOLs but as always only time passing and filings will show us the way forward.

Again, thanks for sharing your research, thoughts, and opinions as we move forward.



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