Rocket Companies Inc (RKT)

[cookacrook]

+-------------------------+
| MBS Trusts |
| (bankruptcy-remote) |
+-----------+-------------+
|
v
+---------------------------------------------+
| WaMu Asset Acceptance Corp. |
| (Non-Debtor Subsidiary of WMI) |
| Holds Retained Interests / Equity Tranches |
+----------------+----------------------------+
|
v
+---------------------------------------------+
| Washington Mutual, Inc. (Holding) |
| (Debtor in Chapter 11, insolvent 2008) |
+----------------+----------------------------+
|
Reorganization 2012
|
v
+---------------------------------------------+
| WMI Holdings Corp. / Mr. Cooper Group |
| (Legal successor of WMI) |
+---------------------------------------------+

Legend / Notes:

MBS Trusts ? True Sale, off-bank balance sheet, bankruptcy-remote

WaMu Asset Acceptance Corp. ? Non-Debtor, legally retains the Retained Interests

WMI (Holding) ? Debtor, Chapter 11 insolvent, owns the subsidiary shares

JPMorgan Chase ? Acquired only the Bank entity, not the Trusts or the Non-Debtor subsidiary


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