Replies to post #521381 on Mr Cooper Group Inc fka COOP

[hotmeat]

Also,..per CBA09, the cash generated by these direct WMB subs/spe's would have been pledged to WMI as the parent company, NOT WMB.

WMI would then redistribute these funds received to WMB and other WAMU subs as needed.

This imo says that the benefits from any assets held by the FDIC must be released to the legal "successor in interest" of the Debtors (WMI + WMIIC), ie the WMILT.