Replies to post #506029 on Mr Cooper Group Inc (COOP)

[ron_66271]

WMI Holding Co NOT a Bank Holding Co.

The OTS/FDIC had NO authority to seize any of WMI's property !

Please see WMI's Corporate Structure in a 10K.

Hence; 5AT.



WMI was pre FDIA/FDIC 1933-1934 ACT.

Hence; Grandfather Clause.