Replies to post #545578 on Mr Cooper Group Inc (COOP)

[mattchew]

Can anyone answer this question I posed to hotmeat?

Were all the assets of the debtors transferred to the WMI-LT?

[hotmeat]

WMITRUST...FAQ's Pg 2...read slowly!


2. What are the Liquidating Trust Assets

The assets that are to be held and distributed by the Liquidating Trust (the “Liquidating Trust Assets”) comprise all of the assets of Washington Mutual, Inc. (“WMI”) and WMI Investment Corp. (“WMI Investment” and together with WMI, the “Debtors”)) as of March 19, 2012 (the “Effective Date”), other than:

(e) the equity interests in (i) WMI Investment (all the assets of which shall be contributed to the Liquidating Trust, including any Intercompany Claims), (ii) WM Mortgage Reinsurance Company (“WMMRC”), and (iii) Washington Mutual Bank (the stock in Washington Mutual Bank was worthless and was abandoned by WMI shortly before the Effective Date).