Mr Cooper Group Inc (COOP)

[Large Green]

fred, you said the following:

LARGE GREEN/banjo bob: FDIC confirmed that WaMu Bank is still alive as is the failed THRIFT Receiver (FDIC).....further

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WaMu had one of the very few types of licenses left that allowed them to do almost any type of business which would include being a THRIFT Receiver. Further, I believe WaMu was the only one left in the USA this afforded any bank. WMI is proven to be alive and became a DST the first week of March 2012, then this all became effective on the (ED) Effective Date of March 19, 2012.

No doubt, JPM, and others had to remit monies into these DST accounts in the care of the eventual owners of the former WaMu Estate who are the investors who signed timely releases in 3/2012.

We wondered for a long time if WaMu still held this grandfathered license but as it turned out this is one of the many reasons FDIC illegally seized WaMu with the help of JPM Executive with one named Charly Schwarz who is now CEO of Wells Fargo and they will eventually be reduced to part of JPM in time, I believe.




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