Replies to post #489532 on Mr Cooper Group Inc (COOP)

[clawmann]

I don't see how - if they exist - they can possibly go to WMIH.
WMILT is the legal successor in interest to WMI.

[fixedops]

Both...WMIIC = owners LT = Beneficial owners

Thank you Ron but safe harbor assets are not part of the final payment. Safe Harbor assets were shielded from bankruptcy court and FDIC-R from day 1. They were never confiscated. So when these assets return, do they belong to escrow or WMIH?

[ron_66271]

LP, I never said anything

about "Safe Harbor" in my post.

I was only talking about "the Final Payment" for "WMB and it's assets".

"Safe Harbor" is because of the Receivership happened, but NOT part of the Receivership.

WMI/WMIIC 'own' ABS Certificate that are/were in "Safe Harbor".

Please read my post more carefully.

**************

and
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134957549

"Interim Dividend Distribution

As of June 30, 2017, the Receiver had approximately $2.76 billion to distribute to holders of claims allowed by the receivership, according to the priorities established in 12 U.S.C. § 1821(d)(11)(A). The most recent receivership balance sheet summary can be found at the following link: (WAMU Quarterly Receivership Balance Sheet Summary). After paying JPMC in full, the Receiver made an interim dividend distribution on September 26, 2017, on all approved senior unsecured claims of the receivership, including the claims of DBNTC, general trade creditors, and the WAMU senior bondholders. This distribution represented approximately 95% of the receivership’s remaining total current assets. The allowed senior unsecured creditors shared equally (on a pro rata basis) in this distribution. The remaining funds in the receivership are expected to be sufficient to cover future expected and potential losses and expenses."

HOLD THE PHONE Janice's assistant called back Debbie. She again was awesome.

1. THE RECIEVERSHIP OF WMB IS NOT NOT terminated and they have no idea when it will be.
2. WMI IS NOT any way a part of the recievership and she is doe not know what was safehabored as it is out side of WMB and the FDIC.
3. WMI/WMII will not be held up by the wmb receivership.
4 Senior Creditors will see aprox 40 cents on the dollar.
5. WMI is free to pursue or do as it wishes as its own entity.
6. Before you all beat me to death I am just a messenger!

As Janice's assistant she will be glad to answer any questions she can from me. She accept an email from me so as I may get some questions you want me to ask (preferable from the senior well read board members I will be glad to ask them) I hope this helps. It would be really good if the Big man called or emailed.

Regards,
B

WMI is a Creditor. Doc #5885 Footnote 2.
http://www.kccllc.net/wamu/document/0812229101112000000000029

WMB Noteholder need to be paid in full to grant Releases !

!? Think about it ?!