Replies to post #500216 on Mr Cooper Group Inc (COOP)

[Countyroads]

OK....not good enough if that's your justification for staying here for 9 years. Kosturos is our trustee. I have to believe some of that would be fees for his and his staff's services. But, even ignoring that and assuming 100‰ of it is based on asset management, at 1% $2 mi/year means they are managing a whopping $200 mil. Or only $100 mil at 2%. After splitting among all parties may not be enough for a steak dinner.

I'm not saying I don't think there are no safe harbored assets, I'm just saying A&M getting $2 mil/ year is no where near proof of significant assets.

[AZCowboy]

~ Hey FWHZeke, Here’s An Early Christmas Present’ ~

I have been meaning to post this for you for awhile now, ... but I keep getting caught up in other research’ ..
anywhere, Here ya go’ ... you’re gonna like this link’

http://www.kccllc.net/wamu/document/0812229081011000000000003

“PLEASE TAKE FURTHER NOTICE that “Schedule A” and “Schedule B” to the Kosturos Declaration were inadvertently omitted from the initial filing.” ... Really ? ...

... “inadvertently omitted ?” ... yeah, Okay den’ that’s funny, ... how about the truth ? is More like ?, ...,

... “purposely omitted ?” ...

AZ

[hotmeat]

A+M would more likely be monitoring the Portfolio to prevent any malfeasance on the part of the actual Servicer/s...JPM et al.

The Trusts are still operating as they always were but now they are being overseen by the A+M team, with Kosturos as Trustee.

To believe they are being paid $2M/yr for Tax Services are ludicrous since there were only 2 Tax litigations since reorganization.

To date only one matter ($5.3M) is still outstanding which is currently on appeal and most likely will be lost based on the initial judgment.