Replies to post #491565 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

That's not true. DBNTC received money

https://www.fdic.gov/bank/individual/failed/wamu-settlement.html

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.

Your post:

zeke

DB has gotten nothing other than a promise for a future payday.



GO4AWILDRIDE