Mr Cooper Group Inc (COOP)

[ron_66271]

WaMu is FDIC/JPM Code Word for WMB.

More camouflage language. WaMu was largely just an advertising campaign by the Parent Holding Corporation, WMI. Only about three subs used the name WaMu.

The true definition for WaMu refers to the Parent Holding Corporation.
The Parent Holding Corporation created the WaMu enterprise.


Back to the Derivative Market Meltdown of 2008.

JPM needed to acquire the “in-the-Money” ABS Notes holders before the big banks needed to cover the ABS Notes losses that the big banks covered by derivatives.

Example;
WMB (15G sited), BS(major investor in ABS secures), F&F.
Lehman’s failed because JPM was Bankrupt.

For the FDIC/JPM, WaMu is equal to
“WMB”. Lose terminology.
WMI, WaMu proper sued the FDIC for $307.2 Billion for “WMB and it’s Assets”. WMI knows what they owned and sued for.

WMB,
WMBfsb,
Trusts held in the 15G report,
And much more!

Now consider 41.6, “Willful Misconduct”, JPM admission of guilt for RICO.


Xoom; I just partially answered your question regarding UQ valuations.

Class 19 is satisfied with the endorsement of the BK Court.



Ron