Replies to post #461610 on Mr Cooper Group Inc fka COOP

[boarddork]

Thousands of ABS, MBS, and RMBS securities and their prospectus' are pretty visible.

Regulatory requirements for retention of an equity tranche in those securities is pretty visible. Walrath approved federal judgment rate is pretty visible.

$240B in mortgages held in portfolio on WMI's 10-k is pretty visible. (of course when pledged to back securities and held in safe harbor and legal isolation = not visible to a bankruptcy court. The balance after around $70B in FHLB repayment, JPM's OBS WAMU legacy liquidations into $93 Billion CASH is pretty visible. $38 Billion in mortgage assets still remaining (above the $93 Billion) is pretty visible.

An examiner stating mortgage assets not evaluated nor included is pretty visible.

A claim remaining against the FDIC is pretty visible.

Rosen telling Walrath that equity is free to pursue 'those assets' outside the BK is pretty visible.

I could go on......