Replies to post #466132 on Mr Cooper Group Inc fka COOP

[boarddork]

I contend that the bulk is stashed in BK#1, WMI INVESTMENT (now WMIIC), in the form of returning security interests + 8 years compounding interest.

WMI (now WMIH) BK#2 filing, listed what assets it held in a most public battle - that we all witness and fought over for years. However, imo, The reason AAOC and equity wanted to survive to control the new WMI (WMIH), was to be in a position to inherit the legacy residue in WMIIC.

The prize wasn't in the BK distraction of WMI that everyone was supposed to watch, it was in the sideline protected, separately filed BK #2, of WMI's direct subsidiary WMI Investment. but to participate in BK#2 legacy ownership, one would have had to survive BK#1 and submit releases as required, to become the last sole survivors and inheritors of BK#1.

I believe when people say daily here, that very little is coming back, they are being truthful about WMI, BK#2. What they are not telling you, is about THE OTHER BK #1, filed first in Delaware.

Outwit, Outplay, Outlast. AIMHO.