Replies to post #500076 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Nosch, Yes, An Excellent Observation ~

This is not over ... the FDIC acknowledged the wrongful taking of WMI’s property in Filing # 5885’ ...

Remember, The GSA was between WMI & The FDIC ... with JPMC listed because they were allowed by the Court to be an “Intervenor” ... Your signed release (41.6), released the JPMC Entities’ and their People (Persons) ... as JPMC was a third party’ actually chosen by the FDIC and not chosen by WMI’ ... this just makes sense ...

However, an important distinction is That regarding the FDIC’, ... You only released the FDIC’s People (Persons) ... You DID NOT release the FDIC-C or the FDIC-R ... as “Entities” ...

AZ

[hotmeat]

Great question. I too have asked myself this since using WMIIC as a Guarantor for the KKR loan is a contractual agreement.

The most basic option would be for WMIH to offer another sub as the Guarantor for the recently amended KKR loan agreement.

IF, any of the operating Trusts "listed" as subs of WMIH are used, it would indicate that WMIH has ownership interests in those assets.

It would also indicate, IMO, that these interests are not or no longer restricted for use by the company as transactional collateral.

[katekir1234]

You don't need one, KKR is only gonna give money for a deal they agree on not BOD mo##ns.