Replies to post #435733 on Mr Cooper Group Inc (COOP)

[Desperado90]

Exactly, all the financial statements are all unaudited and clearly assets might not listed at their fair market value.

The point is the crew likes to pretend they have all the information when they haven't seen the financial analysis by PJ Solomon on the value of the assets transferred at receivership and what's left in the estate.

GLTY.

[bkshadow]

NewbieWar, then offer to "pay for an audit" and...

...see what happens.

...and, no offense taken.

...and, I think you meant the FDIC-R, WMI/WMIIC the Co-Debtors and, post Effective Date, the WMILT the Liquidating Trust.

...WMIH, the reorganized debtor, has filed with the SEC annual audited financial statements.

NewbieWar Tuesday, 09/22/15 08:16:40 PM
Re: bkshadow post# 435681 Post #435733 of 435761

No offense, but everything I've ever seen from this case has always stated "unaudited"

That was on all sides, WMI & WMII & FDIC

...it is not standard procedure to have 'audited debtor's estates; but it can be motioned to the Court and, since it would not be a regular procedure, the Court could possibly grant such (even for the period 2008-2012) if the petitioning party would put forth the payment of funds to do so. So, that should be considered by the escrow supporters to get their answers once and for all (although some have recently stated the opposite, that retailers should leave it to the lawyers and professionals of the Estate and not waste their time and resources).

...it is not standard procedure to have 'audited FDIC-R "receivership"; but it can be requested to the Agency by a party in interest, and if not satisfied, it could motioned to a court in any federal, state or local jurisdiction. Again, since it would not be a regular procedure, the Agency or the Court could possibly grant such (even for the period 2008-2012) if the requesting or petitioning party would put forth the payment of funds to do so. So, that should be considered by the escrow supporters to get their answers once and for all (although some have recently stated the opposite, that retailers should leave it to the lawyers and professionals of the Estate and not waste their time and resources).

...it is not standard procedure to have 'audited Liquidating Trust; but it can be requested to the WMI Liquidating Trust by a party in interest, and if not satisfied, it could motioned to a court in any federal, state or local jurisdiction. Again, since it would not be a regular procedure, the WMI Liquidating Trust or the Court could possibly grant such (even for the period 2008-2012) if the requesting or petitioning party would put forth the payment of funds to do so. So, that should be considered by the escrow supporters to get their answers once and for all (although some have recently stated the opposite, that retailers should leave it to the lawyers and professionals of the Estate and not waste their time and resources).