Mr Cooper Group Inc (COOP)

[newflow]

S&G,Mr.Rosen,EC,Admins earned my respect -ITS SIMPLY GENIUS,IMO.
We also have in there the part (b) of what is to be
14 retained, and that is because in negotiations that we had with
15 all of the settling parties, with the equity committee last
16 week, with the FDIC, we did talk a great deal about the concept
17 of the retained assets. Now, it's my position, Your Honor,
18 that the examiner doesn't need to do much with the retained
19 assets other than say the assets are retained and therefore the
20 liquidating trust can go ahead and pursue them. They will
21 still be there; they can be carried through. But I understand
22 that the equity committee is very interested in having a
23 neutral third party do an investigation of those retained
24 assets.
EC knows about the retained assets in WMILT WA,but the claims had to be processed.The creditor claims got processed at WMILT DE and Admins and EC team pursuing the assets now.
WOW this is genius,thats how they protected the assets from vulture funds?.Completely makes sense to me.THEY NAMED TWO TRUSTS THE SAME IN DIFFERENT STATES AND MADE ADMINS RALTA WAS NOT PUBLIC EXCEPT EC.WOW!!!!!!!!!!!!!!!!!!!!