Replies to post #511387 on Mr Cooper Group Inc (COOP)

[hotmeat]

Present the info as confirmed facts, you may get them to slip up.




1) The P&AA categorically stated that "assets" of WMB's Subs were NOT among the WMB "Assets" purchased by JPM eg beneficial interests/assets held by protected SPE's like WMAAC and WMMSC among others.....

Why is JPM claiming ownership of the assets of WMAAC and WMMSC etc when they obviously were not part of the sale agreement?!?




2) Based on Safe Harbor protections of true sales/transferred assets, which the FDIC must enforce according to the Securitization Rule.....

Where are the assets owned by WMB SPE's that securitized loans and created independent Trusts, which were, legally, never subject to seizure and sale by the FDIC?!?




3) What is the FDIC-C's role in the resolution of the WMB Receivership?!?

[goodietime]

Johhny, In one of your previous responses from the FDIC, there was a reference to a delay, due to a big storm in one of the Banks in Florida.

Has this Bank been able to get 'up to speed' yet.
At the time, it looked to be the 'only' roadblock?

Thank you.