Replies to post #445179 on Mr Cooper Group Inc (COOP)

[Large Green]

AZCowboy, thank you for your excellent due diligence, facts and outstanding understanding of the ACTUAL processes that have taken place in the WaMu bankruptcy case since 9/25/2008.

There have been many missed issues rather purposely or not but to not want to understand the facts, filings and links when they are placed here for easy review must be for other alternative reasonings.

[ItsMyOption]

Thanks, AZCowboy for that great DD, and updated info.

Looks to me things should come together very soon. IMO, class 16 may receive full payment in Feb.

RE: Post-Confirmation Quarterly Summary Report for Washington Mutual, Inc., et al. for the Period October 1, 2015 through December 31, 2015

http://www.wmitrust.com/wmitrust/document/8817600160128000000000001

Some things of interest for us Escrow holders!

RE: Note 7: Runoff Notes – Class 16 is just about paid in full.

Since the distribution of Runoff Notes in May 2014, we understand that Reorganized WMI has fully redeemed the First Lien Runoff Notes. On December 1, 2015, Reorganized WMI made a partial redemption of the Second Lien Runoff Notes. The Trust received $80,488 and the DCR received $69,499, respectively, of principal note reduction. On December 1, 2015, Reorganized WMI also paid interest on the Second Lien Runoff Notes. The Trust received $10,647, and the DCR received $9,470, respectively, of interest on Second Lien Runoff Notes. As of December 31, 2015, the Trust owned $249,781 of Second Lien Runoff Notes, including interest and the DCR owned $224,280 of Second Lien Runoff Notes, including interest.

[PickStocks]

The problem was not that these statements existed, the problem and he reads that the claims:
"Intercompany Claims shall be extinguished, unless otherwise agreed or resolved between the parties to a given Intercompany Claim, resolved by the Global Settlement Agreement or released by operation of the Plan. Any such transaction may be effected without any further action by the stockholders of any of the Debtors or the Debtors in Possession."

Does anyone know who wrote the GSA? Right Rosensack....In the GSA JPM benefits from the claims and will treat them as administrative claims.....

[es1]

AZ in your opinion what needs to happen before these assets can be returned.

If we assume they have assets (of any value) and we know they have not distributed them, they must be waiting for something to trigger that return.

What is that trigger and what needs to happen to get it pulled?