Mr Cooper Group Inc (COOP)

[Large Green]

newflow, you said the following:
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FDIC claims process and who is holding the CERTIFICATE now?

How do I file a claim as a general creditor?
The notice that creditors receive will include instructions and the appropriate forms for filing a claim against the receivership. Documentation of the claim is required and must be submitted in a timely manner. The notice will provide a deadline by which all claims must be filed. Most general creditor claims will be acknowledged or denied by the FDIC within 180 days. A creditor will receive a Receiver's Certificate in the amount of the claim and may receive payments from the receivership as the assets are liquidated.

https://www.fdic.gov/consumers/banking/facts/creditors.html

WMILT exists as a Winding-up entity. IMO otherwise who would take care of estates claims as a creditor and shareholders?
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Very interesting as we know the two people who know where all the bodies are buried especially the trigger for payment when presented must be paid within a preset time that was established years ago under sealed docs.

Yes, good ole Charles Smith and Doreen Logan are the only two left BY DESIGN and remember once WMILT filed their certificate of cancellation on December 31, 2021 and miscellaneous details finished no later than March 31, 2022, they advised there would not be any further updates from WMILT PERIOD. However, those two VIPs know where the bodies are and when to present the final bill to the Powers-That-Be which they must pay within agreed upon timeframe with no questions ask or further delays.

I believe we are getting very close to distributions in my view.


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