Replies to post #555787 on Mr Cooper Group Inc (COOP)

[Large Green]

Pegaso, I know you are not meaning to say that because it is not accurate. Safe Harbor or not, the assets are linked by the timely signed releases which also contributed to an ownership change on the Effective Date of 3/19/2012.

With that said, the last link in the chain of title to prove ownership are the signed releases and markers in one’s account which is controlled by the following Delaware Bankruptcy Court powers -

WMILT, as Successor in Interest to WMI and WMIIC, these assets include bankruptcy remote assets managed by A&M who is paid by the Liquidating Trust. During the Bankruptcy, bankruptcy remote assets cannot be discussed because they are bankruptcy remote but are controlled by the powers of said court.

[hotmeat]

Follow this simple logic.....

Prior to the seizure of WMB and the filing for bankruptcy, which entity was the main or sole beneficiary of the benefits of retained assets held by SPE's??? Was it WMI/WMIIC???


If it was indeed WMI/WMIIC, which entity is now the sole beneficiary of the property/assets of the former Debtors/DIP ie WMI/WMIIC???


How it's arrived at, by some here, that some external entity will assume the role of distributing assets directly to each Marker holder is beyond me. The Trustees do not recognize us individually and neither will they recognize any external third party as a legal receiver for estate assets. They can only recognize the WMILT, being the sole legal representative of WMI/WMIIC's interests as their Successor In Interest. The idea that some clearing House eg the DTC or that KCCLLC will be responsible for making distributions according to APR for our Equity Interests is ludicrous.