Replies to post #509310 on Mr Cooper Group Inc (COOP)

[etzetrade]

You should also ask him about Dimeq, where is it fit into his theory?

[AZCowboy]

~ Sorry Bob, But NO', ~

Each Trust Is Prospectus Specific, ... The WMIIC / WMI BK' Court was only able to specifically consider, defined issues related to the (literal) Washington Mutual, Inc. Bankruptcy' ... WMI', DID NOT ACTUALLY OWN ANY TRUSTS', ... WMI' Was a Participant, just like others were ...

So, When a "Trust" is involved in any legal issues or litigation ?, ... The "Trust" is able to be placed in a holding pattern', ... which was obviously done with all of this of course', ... This feature is described in each and every prospectus', ...

Thankfully, ... Now The D.C. dual tracking litigation has been completed with the ... "Globic Settlement" ...

ADDED: ... Not worth a post, ... but the Dime Bank Litigation was open and active litigation at the time of the actual seizure, back in Sept 2008', ... Dime's had their time in Court and accepted a WMI' Class 12 General Unsecured Position, ... They are now a consideration of Settled Law and are GONE' ...

AZ