Replies to post #520634 on Mr Cooper Group Inc (COOP)

[AaronTrainer]

Aggressive is better than passive. I say yes

[creyno58]

Yes we definitely do and we should have yesterday.

[jerrylev]

Actually I don't think that WMMSC and WMAAC were sold until Q3 of 2017 which is a good thing because the trust only sold when they can get a higher price due to a stronger economy than if they have sold in 2012. Also all the interest income was collected for the last 6 years. I know that a lot of people don't want those assets to be sold but it is what it is per POR 7 and the job of the liquidating trust is to sell everything and disband.

I wonder who paid tax for the income of these assets for the last 6 years? I think it could be JPM on our behalf because JPM services them. I remember seeing one income filing by JPM where WMMSC and WMAAC income were listed separately.

The following link shows that WMMSC filed on its own in Feb 2018 and not JPM. The second box is checked to indicate that there was activity during 2017 but not from Oct 1st 2017 to Dec 31, 2017. I deduct that it was sold in Q3 of 2017.

https://www.bamsec.com/filing/92963818000202?cik=314643

[jerrylev]

SH assets simply mean that they cannot be seized by FDIC or creditors which is our biggest fear because the FDIC can sell everything to JPM for 1.9B. But it was protected and went back to the trust after 2012. Since then, the term SH does not have any meaning anymore and the job of the liquidating trust is ... to liquidate at some point.

Yes we are in the same boat as Tepper and MW and we all will get paid at the same time. It is ALL or NONE. If we get nothing then they get nothing too,

[Upperlippy]

We should, but: would you be able to find an un-bribable, completely untouchable honest lawyer? I highly doubt it..... better wait for them to make a mistake, we signed.

[cura asada]

(2) Washington Mutual Mortgage Securities Corp., as Securitizer, is filing this Form ABS-15G in respect of all mortgage-backed securities representing interests in pools of residential mortgage loans for which it acted as depositor and which are outstanding during the reporting period. On September 25, 2008, JPMorgan Chase Bank, National Association (“JPMCB”) acquired the banking operations of Washington Mutual Bank from the Federal Deposit Insurance Corporation (“FDIC”). It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership. Assets are reported herein in accordance with Rule 15Ga-1 regardless of the validity of the demand or defenses thereto, and nothing in this report shall constitute, or be deemed, a waiver of any rights, defenses, powers or privileges of any party relating to these assets.

Exhibit 99.1