Replies to post #522487 on Mr Cooper Group Inc (COOP)

[mattchew]

WOW! I thought I have heard it all!!!!

- In POR 7, the creditors were paid with deposit and tax return money but otherwise, they didn't dip into the Estate to get paid. So that 7B came apparently from JPM but it was not known in 2010. So the Estate was left pretty untouched for us.

[hotmeat]

I believe there are substantial WMI and/or WMB assets left that Equity will benefit from. A distribution will be made from the LT, FDIC or some other entity to our Markers from SH assets. This is why they initially tried to pass POR 6 to eliminate Equity. IMO we may see the most substantial return from the FDIC if they actually hold $40B in WMB assets.