Mr Cooper Group Inc (COOP)

[UpTickMeA$AP]

Escrows were deleted, deemed worthless, with no further distribution, by order of the trust.

Meaning, obviously, nothing else is coming back.

The FDIC also states, nothing else is coming back. All levels of authority state nothing else is coming back.


https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/wamu-settlement.html

Potential for Distributions to Subordinate Note and Equity Holders:

On the day after WAMU failed, its holding company, Washington Mutual, Inc. ("WMI"), filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Case”). WMI owned all WAMU shares of stock and was the sole equity holder of WAMU. The Receiver does not currently have and does not anticipate accumulating sufficient assets to pay in full all of the allowed claims of the general unsecured creditors of WAMU. As a result, the Receiver does not project having sufficient assets to make any distributions to WAMU subordinate note holders or equity holders. Therefore, it is unlikely that any distributions will be made to WMI or its successor on its claim as sole equity holder of the failed bank.

Everyone of relevance state nothing else is coming back. No level of authority states anything but, nothing else is coming back.