Mr Cooper Group Inc (COOP): WMB Stock Abandonment. The FDIC/JPM d...

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Mr Cooper Group Inc (COOP)

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Re: newflow post# 708210

Wednesday, 04/12/2023 7:15:06 PM

Wednesday, April 12, 2023 7:15:06 PM

WMB Stock Abandonment.

The FDIC/JPM didn’t own WMB until WMI abandons the WMB stock to the FDIC.

Remember that; WMB was a “Fifth Amendment Taking”.
WMI never surrendered the Title to WMB.
JPM doesn’t own WMB until JPM pays the FDIC to pay The Owners of the Debtor’s Estate.
Currently JPM only operates WMB until the FDIC is finished processing the final valuation now that the FDIC holds the title.

Now remember the Dual Track?

Ron

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