Replies to post #536737 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Slow Your Roll, Young Miss’ ~

Read this excerpt again slowly ... The WMB Noteholders Tranche 5 Class 17 Claims, ... Have Never Been Against The “Failed Institution” (WMB), or actually against JPMC ... If you don’t own any Class 17’, WMB Fixed Income, ? ... don’t be so bothered ...

... JPMC became the servicing entity for all WMI and it’s Affiliates ABS-Cert Loans, as well as the loans that WaMu had not packaged ...

The following statement, is true to the literal, just another example of misunderstanding is all ...

”VII. Possible Claims Against the Failed Institution.
On September 25, 2008, Washington Mutual Bank was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation was named receiver. Subsequent to the closure, JPMorgan Chase acquired the assets and most of the liabilities, including covered bonds and other secured debt, of Washington Mutual Bank from the FDIC as Receiver for Washington Mutual Bank. Any claims by equity, subordinated and senior unsecured debt holders were not acquired."

turning the page’

AZ