Replies to post #489887 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Johnny, First ? Thanks For ALL You Do ~

Well ? I can only speak for myself and how I approach the documents and their sequencing' ...

First ? ... I look at the "Bates Format", and see just exactly who the Plaintiff(s) are as listed ? ... as well as the Defendant(s) ...

Then ? I quickly scroll to the "Signature Block" ... and see IF' ? the document has been ... Agreed Upon ? ... or has been' ... Approved' ... by someone that actually matters' ... If ? all of that is in order ? I will then read and consider what is being stated' in said document ...

The GSA, which was a "DEFINED" part of the Failed Plan 6, and the eventual Plan 7's Approval, ... specified between the parent corporation, WMI and the FDIC' ... and then, with JPMC listed AFTER the "comma", as JPMC had been allowed to be an "Intervenor" ... (Filing # 5885 Described the legal issues that were being "Settled" between WMI & the FDIC, these were, serious charges and serious business)

and now as we have all witnessed, the "dual tracking" litigation being completed, ... The "Settlement" ... and, the Parties, involved IN that "Settlement" ... are equally as important' ...

NOTE: ... Who ? are the "Signers" ... Deutsche Bank, The FDIC-C, The FDIC-R, JPMC, and WMMSC, ...

In the same fashion as the Steering Committee, The WMB Bonds, ... had WMMSC also been the property of JPMC, WMMSC would NOT have needed to be a "Signer" to the actual, "Settlement" ... (WMMSC was, who I was referring to the other day, with their OWN reported, 06/30/2017 SEC Filing, $58 billion (ish') of loans, continuing to need to be serviced)

Now ? Back to Your Question' ?

My specific question is where do you see the recovery flowing from? And what is the mechanism you see for them doing it?

I believe what the FDIC tells us' the answer to your question ... in that;

, or receivables (note that interest on these assets is not accrued after failure but is recognized when received)

or, the accumulated monthly returning interest generated by the ... TRUSTS' ... has been legally ABLE TO' ... ACCRUE' ... AND' ... "Will be recognized when received" ...

The On Going "dual tracking" Litigation, ... ALL OF IT' ... needed to address ALL of ... the Parties' ? and needed to come to a "Settled Completion""

Helpful ?

AZ