Replies to post #536629 on Mr Cooper Group Inc (COOP)

[hotmeat]

If an asset is distribute $5B in principal + interest, to be paid over a 5 yr period and the owner receives $2B in payments over the first two years. Explain how the remaining $3B owed over the remaining 3 yrs could be sold to another investor for $3B if it's only worth $3B??? The expected profit for selling early will obviously be less than if they held the asset for the entire 5 yrs. That's basic common sense.



Is it possible that the trust have to hang on to the BI for more than 6 years to generate enough money to pay us?

The Trust's role is to liquidate, not keep extending it's life to manage assets. Unless assets are held up from other sources I see no reason for them to hold onto any assets to generate ""enough"" money to pay us. What ever they generate will be distributed, they don't owe anyone else. That's it!



How much money do you think WMI may have left at WMB that were not transferred yet?

This is like the 3rd time you've asked about WMB/JPM holding our assets. For the last time, WMB holds nothing owned by WMI, JPM may be servicing MBS's but they do not control their disposition. IF there are assets/interests control lies with the FDIC, Delaware Trusts or the Trusts created by the SPE's prior to 2008.



The filing said that WMI abandoned WMB stock but not its claims. How much are those claims?

About $6B-$10B, i'm not sure. It's in the filing.



How about the money that WMI transferred to WMB just prior to the seizure to avert a seizure...? Is it lost because there was a lawsuit against ex WAMU exec which they settled afterward?

Those are the Creditor claims WMI filed against the FDIC and did not release. Nothing to do with the D&O claims you're referring to.



Are there any Safe Harbor assets that sit over WMB or are they all at WMI? I suppose that those SH assets cannot be seized.

That's the 4th...Any assets belonging to the former WMI estate would be controlled by the FDIC, Delaware Trusts or the SPE Trusts. WMB is owned by JPM and holds no former WMI property and WMI filed bankruptcy and now no longer exists. The LT at this point holds no such assets. JPM servicing loan assets does not constitute control of said assets, the Trustees or the FDIC control them.