Replies to post #570455 on Mr Cooper Group Inc fka COOP

[wowalters]

Great reminder. Maybe CNN AND CBS should start reporting on this instead of FAKE TWISTED MANIPULATIVE NEWS.

[soundincrest]

"ItsMyOption" Your statement :

A&M has been managing the safe harbor, off-book assets now sitting in Delaware trust waiting for distribution after the final CIC takes place. They will get distribution through DST and not per the section 23.1 75-25%

Is this what WMILT has been charging the estate the last 11 years:

11 years x $6MM = $66MM in FEES

WMI Liquidating Trust
Schedule of Professional Fees Paid
Quarter Ending December 31, 2018 Quarterly
Payee Period Covered Fees Expense Total
Alvarez & Marsal 09/01/2018 - 11/30/2018 441,754.00 $ $ 246.78 $ 442,000.78
` Kurtzman Carson Consultants LLC 08/01/2018 - 10/31/2018 65,221.28 $ 60, $ 741.65 $ 125,962.93
Perkins Coie LLP 09/01/2018 - 11/30/2018 995.00 $ 55.06 $ 1, $ 050.06
Proskauer Rose LLP 01/01/2018-10/31/2018 247,828.75 $ 3, $ 962.60 $ 251,791.35
Richards, Layton & Finger P.A. 09/01/2018-09/30/2018 13,444.00 $ $ 14, 758.24 $ 202.24
Valuation Research Corporation 04/01/2018 - 09/30/2018 35,000.00 $ - $ 35, $ 000.00
Weil, Gotshal & Manges LLP 09/01/2018-11/30/2018 343,437.50 $ 4, $ 861.45 $ 348,298.95
TAB - Arnie Kastenbaum 09/01/2018 - 11/30/2018 10,000.00 $ - $ 10, $ 000.00
TAB - Douglas K. Southard 09/01/2018 - 11/30/2018 10,000.00 $ - $ 10, $ 000.00
TAB - Joe McInnis 09/01/2018 - 11/30/2018 10,000.00 $ - $ 10, $ 000.00
TAB - Marc S. Kirschner 09/01/2018 - 11/30/2018 10,000.00 $ - $ 10, $ 000.00
TAB - Matthew Cantor 09/01/2018 - 11/30/2018 10,000.00 $ - $ 10, $ 000.00
TAB - Michael Willingham 09/01/2018-11/30/2018 10,000.00 $ - $ 10, $ 000.00
TAB - Wells Fargo Bank, N.A. (TAB) 09/01/2018-11/30/2018 10,000. $ - 00 $ 10, $ 000.00
$ 70, 1,217,680.53 $ 1, 625.78 $ 1,288,306.31
Amount Paid
10/01/18 - 12/31/18

[PickStocks]

What happened to the retained assets or the posit. To cover his butt they do not exist

[BBANBOB]

Itsmyoption

Remember as I was reminded again this a.m. the 1031 was DISSOLVED and everything IMHO moved to the DST!!!!!!!!!!!

SO in essence, yet again they are telling the truth here as there IS NOTHING UNDER THEIR CONTROL!!!!!!!

Keep your eye on the PEA under the SHELL, question is which shell

MY BET is the DST trusts report nadda to anyone and our CAPT K is the founder of that TRUST as well.

FOX hen house

[wamugold]

http://quantumonline.com/search.cfm?tickersymbol=WAHUQ*&sopt=symbol

You can call Investor Relations Jennifer Valdez at 206-461-2192 and find out for sure LOL!!

[jerrylev]

Itsmyotion, I hope that you are right, and at this point, I don't care about the 75/25 split but just pay face for preferred and I will go away happy.

Unfortunately this theory contradicts a lot with what had happened and I don't even know if it is possible. For instance when we signed release, WMILT was the sole source to maintain the list of what we owned at the time. It does not matter what people owned let say in 2005 or in 2011 but it is only what people owned last just before the effective date in 2012.

And so logistically, everything have to go through WMILT to be distributed, safe harbor or bankruptcy remote or whatever you want to call. I don't care if preferred will be paid 75/25 or just face, but pay me face and you can take the rest.

So at this point, we have to be very careful and not be complacent thinking that don't worry, there will be tens or hundreds of billions that will fall from the sky somewhere.

Because there may be NONE and we need to know now, This is why we need someone like Alice to dig up and find out what WMILT spent the money on for the last 7 years? If there is only 100M left, why didn't they pay us with that instead of milking every penny until there is nothing left.

This is why I am so so mad at those who keep calling Alice tantrum Griffin. What have they done other than spewing nonsense theories everyday or promised payment every week for the last 7 years?

[Split T]

ItsMyOption, Why is there no WASHINGTON MUtual Capital TRUST 2001?

What is the legal definition of a material asset? What about a beneficial interest, is that a material asset?

is the Trust holding any assets that are “Off-Book”, “Safe Harbor Assets” (e.g., “Washington Mutual Capital Trust 2001”, “Posit”, or “Retained Earnings) or other assets? There are no material assets of the Trust2 other than those that have previously been disclosed and no assets are “hidden” or “unreported”