Mr Cooper Group Inc fka COOP

[ChangnoiPlaza]

Forensic Asset Valuation — Washington Mutual Estate

This summary consolidates asset categories originally attributed to Washington Mutual Inc. (WMI) and affiliates. Values are estimates.

Category	Estimated Value (USD)	Description / Notes
Residential Mortgage-Backed Securities (RMBS)	$150 billion	Thousands of loan pools sold via REMIC trusts; residual cash flows continued post-seizure.
Commercial Mortgage-Backed Securities (CMBS)	$50 billion	Institutional loans in off-balance-sheet vehicles; rerouted to third-party trusts.
Collateralized Mortgage Obligations (CMOs)	$29.9 billion	Tranches from RMBS cash flows; some misclassified as non-performing.
Asset-Backed Securities (ABS)	$80–90 billion	Bundled consumer credit (auto, card, student) issued via secondary trusts.
REMIC & REIT Trusts	$650–700 billion	Blind REMIC/REIT vehicles held off-ledger; later redistributed via ETFs.
US Treasuries & GSE Securities	$45 billion	Short- and long-term government and agency holdings.
Derivatives (options, swaps, CDS)	$9–12 billion	Hedging and speculative positions monetized post-seizure.
Structured Equity (TRuPS, TIPS)	$12–15 billion	Selected series restricted from shareholder recovery.
Real Estate Owned (REO)	$25 billion	Residential and commercial properties written down near zero at transfer.
Digital Assets, IP & Blockchain	$150–250 billion	Fintech IP, licenses, and custodial rights structured via offshore trusts.
Tax Refunds & Deferred Tax Assets (DTAs)	$4.5–6 billion	NOLs and DTAs contested post-seizure.
Subsidiary Valuations	$2–4 billion	WMBfsb, WaMu Capital Corp, and Cayman SPVs used for asset segregation.
Deposits at Time of Seizure	$188 billion	Customer and institutional balances transferred immediately.
Mineral Rights & Ground Leases	$1.3 trillion	Extraction and lease interests (gold, copper, lithium, etc.).
WAMPQ Series Q Preferred (par)	$28.9+ billion	Alleged to remain active in brokerage systems.

Total Estimated Asset Value

Total (estimated)

$4.89 – $5.1 trillion

Sources cited by the author include SEC disclosures, FDIC/IRS claim records, trust agreements and banking correspondence, digital custody/tracing, and sworn declarations.