Replies to post #434526 on Mr Cooper Group Inc fka COOP

[gjw46]

The macroeconomic environment will have a huge impact on both when resolution occurs and what returns to satisfy claimants. IMHO the drive for liquidity during the upcoming financial strife will move the DB settlement. The bondholders (How much is owed to these guys anyway?) will follow suit.
What really has me concerned then is if any assets will see the light of day after the implosion of the financial system. I can imagine that WMILT will be whitewashed along with FDIC and 30% of just about every savers net worth. We have to be down to weeks left before new risks enter the theater.G

[zeus_0100]

Hotmeat, don't you think that after 7 years, if the fdic had any assets that did not belong to wmb, but did belong to wmi, they would know it by now? And furthermore, don't you think they would have been returned by now? And even further, it would be incumbent upon the wmilt to force that return? None of the Billions theorist have ever explained any of that to anyone's satisfaction so far


Quote from hotmeat;

is also the matter of former WMI assets illegally seized or hidden by the debtors, returning directly to the WMILT for our benefit also. This is all conjecture mind you since we do not have a wholistic view of what transpired and is still transpiring to this day.

[fredmiller1999]

ok thanks for the clarification


i have a question about the bond holders.

basically.... what class are the bond holders in?

below (bottom image) i have the list and i only see class 10 for bond holders.

and if class 10 is the bond holders you mention then i was wondering what you thought of, in the claims obligation JPMC has agreed to pay classes 4-11. (first image)