Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Good Morning, ... Lot's of "COOP" "Board" Activity Lately' LOL ~

As all of this, finally comes to a head, ... ? ... The "Following" was the Court Approved Completion of the Settlement Agreement Placed on the Actual Docket, between the FDIC and WMI ! !

yepperini, ol'cactus ... read the GSA between the FDIC and WMI', with JPMC allowed as an intervenor if necessary, (JPMC NEVER Exercised that Allowance) ... and, more importantly ! ! ... then, followed the GSA through to the Implementation of the actual GSA' Settlement' ... and the completion (9901)

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In its capacity as a creditor, WMI claimed, among other things, that;

(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;

(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;

(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;

(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.

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Now ?, ... The Preffered Managing Sub continues, as related to an original releasing WMI P holder', ... and

All Released WMI (wamuq) Common Shares, continue to be the owners of the Holding Company' ...

turn the page on the wmi-lt, ... it is DONE, COMPLETED ... and', ... is no longer relevant

WMI to WMIH, ... and merely acquired a loan servicer in 2018'

"Abba Da Ayy"

just sayin'

AZ