Replies to post #552094 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Cheng', I Don't Do That ~

I Have Kept Up With and Studied The WMI' Dual Tracking Legal Process' and I can review hundreds of original WMI', Residential "Pooling And Servicing" Agreements ... beyond the Residentials are the CMBS (Commercial Lines Certs) that are generally private issued' ... their existence is able to be viewed, but not their numbers' ...

The $10 Billion Dollar "Posit" is some very strong evidence of the existence of the Original WMI' Capital Trust and its, three point Liquidation Preference', ... That singular WMI' Capital Trust', Is Quite Large In and of Itself' ...

as it should be obvious to everyone that No One', Not The Judge, The Representation, The Examiner, Sussman and Team', etc etc (the list is very long) .... NO ONE' was ever able to discuss any of the Segregated Performing Trusts' ...

The Only One' allowed to be referred to, was the WMI', ... "Washington Mutual Capital Trust 2001" ... as it was aligned with a WMI Creditor and is referred to in the DS and the Plan ... there are hundreds of others',

Regarding the other poster ?, ... I believe he/she takes the long way around the barn', ... that's all I'll say on that'

If You Are Here' ?, You Will Be Fine'

AZ

[ron_66271]

FRB $4.5 Trillion Balance Sheet.

The Fed Is Ready To Begin Chipping Away At $4.5 Trillion Balance Sheet.

https://www.forbes.com/sites/laurengensler/2017/09/20/federal-reserve-september-meeting-unwind-balance-sheet/#24245bca48bb

Lauren Debter Forbes Staff
Sep 20, 2017.

"The Federal Reserve will begin the process of unwinding its massive financial crisis-era balance sheet next month, it said on Wednesday, in a sign that it's pleased with the improving state of the economy.
The central bank has been signaling that it is ready to start scaling back its $4.5 trillion balance sheet sometime this year. It confirmed at the close of its two-day policy meeting that it will begin doing so in October.
The Fed also left interest rates unchanged, as expected, with its benchmark rate remaining between 1% to 1.25%. It signaled that it could still hike rates one more time in 2017.
Stocks edged lower after the news on Wednesday afternoon, with the S&P 500 slipping 0.3%.

In the wake of the financial crisis, the Fed scooped up trillions of dollars in government bonds, mortgage-backed securities and other assets to support the American economy.

The plan now is to slowly stop reinvesting the money that its portfolio throws off. The Fed has said it will start by allowing $6 billion in Treasury securities and $4 billion in mortgage-backed securities to mature every month. Eventually, that cap will climb to $30 billion in Treasury's a month and $20 billion in mortgage securities.

The Fed has gone to great pains to plot out its moves so that it doesn't unnerve markets. It has emphasized that the reversal of its controversial bond-buying program is supposed to be a boring, gradual process. Fed chair Janet Yellen has expressed hope that it will "just run quietly in the background" in the coming years. Philadelphia Fed President Patrick Harker has gone so far to compare the process to watching paint dry."


IMO, The Fed/FRB has not begun this scaling back its $4.5 trillion balance sheet, but is now ready to unwind the Safe Harbored ABS portfolios.

The FDIC controls the ABS Trusts from corporations in BK, and the FRB controls the FDIC.

$50-$60 Billion a month from "sinkable" Trusts.

WaMu
Fannie and Freddy
Lehmans
Thornburg
and Others

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145606923