Mr Cooper Group Inc fka COOP

[jhdf51]

I get back to the same argument after reading some of these posts.


Many posts confuse correlation with causation and make leaps without legal grounding.

Just because Fannie & Freddie (F&F) bought RMBS from WMB doesn’t mean escrow shareholders are owed money. The FDIC already sold WaMu’s assets to JPMorgan in 2008 and settled claims in receivership.

Escrow holders owned common or preferred equity, which gets paid only after all liabilities are resolved and FDIC filings clearly show there wasn’t enough left over.

Throwing out figures like “11.9% loss ratio” and “2.2x face value” without citing legal claims, settlements, or case law is speculative and misleading.

If any believe escrow holders are entitled to anything, point to actual legal rulings or a revised FDIC claims process—not abstract math based on unrelated debt instruments. Meanwhile, the “bird in the hand” is COOP stock.

JHD