Replies to post #438911 on Mr Cooper Group Inc fka COOP

[W3Research]

BD, Very Interesting Post about value that needs to be returned.

[soundincrest]

"BD" Excellent post ,hopefully it materializes ,it seem to me this whole debacle stinks for one end to another. Great DD ,It nice to see you back, you need to come more often $$$$$$$$$

What does "BK" have to say about this ? "BK" , I will still give $1,000 clams for the LONG true PSA that none of us were prevy too.

[W3Research]

BD, And as a refresher, who are the people and groups both large and small who will receive this value when it returns? TIA!

[fredmiller1999]

just my wag but...

it almost seems as though wamu executives set up Jamie D in the biggest jackpot (old school meaning) ever played.

if wamu knew they were in trouble and hid the assets in safe harbor, which clearly they were preparing for in 2005 (btw everyone knew the bubble was going to burst). then its highly possible they allowed the seizure to occur to set jamie D and the fdic in a wrongful take down.

its clear wmi was originating loans and selling them to itself.

wamu executives seem to have double crossed jamie d.

project west was known. and wamu knew they had a plan. if i were wamu and i knew jpm had a plan to screw me. id put everything in my UN-TOUCHABLE holding company too.

its a no brainer if your in the banking biz... well it seems like a no brainer now that im aware they were writting up safe harbor letters.

if you apply this thinking to all the crazy things going on such as

new purchase and agreement templates

shiela bair going infront of congress to change the holding company stipulation

blacked out purchase agreement pages

an on going bankruptcy to no end in sight without giving us any clues

its obvious that they are stumped. brian rosenturd does not know how to close this bk up

claims created.. but when its time to handle them, they are either pushed back to a later date OR dismissed. all that waiting and the claims terminated.

i bet the fdic took it thinking it was all perfectly legal and then when they realized what WAMU did. they found out that wamu set them up.

i bet rosenturd is working 28 hours a day trying to save fdic and jpm from paying Rico for seizing a well capitalized holding company with 300 billion in assets.


old proud Jaime d put his foot in his mouth when he publicly told the world it obtained 240 billion in assets from wamu in 2009... what a bone head haha

in my honest opinion they are scrambling to figure out how they can legally steal 300 billion in assets for only 1.9 billion bucks

too much information has leaked... we know what they know and they are shaking in there boots haha

they either pay up or its jail time

no way around hidding 300 billion in assets

[hotmeat]

"Then, for the sake of a 'public' bankruptcy and political flogging to hide a 5th Amendment Taking of WMI consolidated to save JPM, the FDIC in 2010 renewed and made retroactive all provisions of "safe harbor and legal isolation" of mortgage assets, which stripped WMI of one of its largest assets, the $278 Billion in portfolio held loans."

When you say "stripped", does that mean it was done to present a false picture to the public or is it that JPM in actuality are now the legal and permanent owners of those assets based on the retroactive provisions??? Please clarify.

[hotmeat]

I get it now after taking the time to actually read it properly and not just peruse through it at work.

[BBANBOB]

Said almost day ONE HERE, this was or could have only been ONE OF TWO THINGS

Those being a 5th AMENDMENT TAKING CASE OR A FRAUDULENT CONVERSION OF ASSETS
all under the COLOR OF LAW

[hotmeat]

"the FDIC in 2010 renewed and made retroactive all provisions of "safe harbor and legal isolation" of mortgage assets"

At a meeting held on Nov.15th, 2009, interim amendments were adopted to the Securitization Rule that would protect qualified assets placed in "safe harbor" prior to the effective date of pending rule changes (March 31st 2010). The FDIC enacted these amendments partly due to the ominous warning from a ratings agency, such that all qualified assets that were in "safe harbor" prior to the effective date of the new rules, would remain protected and these new guidelines would only apply to assets seeking "safe harbor" protection post March 31st, 2010 (The Sample Rule).