Mr Cooper Group Inc fka COOP

[ChangnoiPlaza]

Forensic Asset Valuation — Washington Mutual Estate
Asset Category	Claimed Estimated Value (USD)	Description (from filing)	Verification Risk	Notes
Residential Mortgage-Backed Securities (RMBS)	$150 billion	Loan pools securitized via REMIC trusts (e.g., WAMU 2006-AR16, 2007-HY1) with ongoing cash flows allegedly unreported.	🟡	RMBS exist; attribution to WMI post-2008 is hard to prove.
Commercial Mortgage-Backed Securities (CMBS)	$50 billion	Institutional loans in off-balance-sheet vehicles, allegedly rerouted to JPM-controlled trusts.	🔴	Complex structures; limited public traceability.
Collateralized Mortgage Obligations (CMOs)	$29.9 billion	RMBS tranches allegedly misclassified as non-performing and withheld from liquidation schedules.	🔴	Would require deep accounting and liquidation records.
Asset-Backed Securities (ABS)	$80–90 billion	Bundled consumer credit (auto, card, student) issued via secondary trusts.	🟡	Partly checkable via SEC/trust filings.
REMIC & REIT Trusts	$650–700 billion	Blind REMIC/REIT vehicles held off-ledger; later redistributed through ETFs (alleged).	🔴	Extraordinary scale ? very high evidentiary burden.
US Treasuries & GSE Securities	$45 billion	Short- and long-term government/agency holdings allegedly reassigned to JPM investment arms.	🟡	Bonds traceable; beneficial ownership attribution is difficult.
Derivatives (options, swaps, CDS)	$9–12 billion	Hedging and speculative positions allegedly monetized post-seizure.	🔴	Limited public disclosures; hard to substantiate.
Structured Equity (TRuPS, TIPS)	$12–15 billion	Trust Preferreds and TIPS (e.g., series K/Q/X) allegedly blocked from shareholder recovery.	🟡	Issuances exist; recovery rights are complex.
Real Estate Owned (REO)	$25 billion	Residential/commercial properties written down near zero at transfer.	🟡	Some verification via land records is possible.
Digital Assets, IP & Blockchain	$150–250 billion	Fintech IP, licenses, payment rails, and custodial rights allegedly in offshore trusts.	🔴	Highly speculative; difficult to verify publicly.
Tax Refunds & Deferred Tax Assets (DTAs)	$4.5–6 billion	NOLs and tax credits allegedly transferred/improperly denied.	🟡	Documentable but legally contentious.
Subsidiary Valuations	$2–4 billion	WMBfsb, WaMu Capital Corp, and Cayman SPVs used for asset segregation.	🟡	Entities identifiable; valuation is disputed.
Deposits at Time of Seizure	$188 billion	Customer and institutional deposits transferred immediately at seizure.	🟢	Well documented via FDIC and P&A agreement.
Mineral Rights & Ground Leases	$1.3 trillion	Extraction/lease interests in gold, copper, lithium, uranium, etc. (alleged).	🔴	Very large amount; not publicly evidenced.
WAMPQ Series Q Preferred (par)	$28.9+ billion	Alleged to remain active in brokerage systems; never extinguished/converted.	🟡	Securities exist; entitlement remains disputed.
Total (estimated)	$4.89 – $5.1 trillion	Sum of claimed asset values as presented in the filing.
Key Risk Indicator — Legend
🟢 Low	Well documented / publicly traceable.
🟡 Medium	Partly verifiable but legally/forensically complex.
🔴 High	Highly disputed / limited public evidence.