Replies to post #573144 on Mr Cooper Group Inc (COOP)

[hotmeat]

IMO IF, and that's a big IF, there is anything left it may be from ownership of residual interests in MBS Trusts created by WAMU. These residual interests, to my knowledge, are paid out by the Trustee to the holder upon the liquidation and dissolution of the Trust. If that's the case we may have to wait till all the Trusts interests are liquidated and Trusts closed and/or when all administrative issues (Bk etc) preventing such distributions are resolved.

[hotmeat]

Quote: "(Per AZCowboy (IHub Post#572651), his Class 17B shares have been designated new JPMC Cusips, therefore there’s a possibility that Class 17B will be paid off soon)."


Maybe you would have more luck with having him provide actual proof that this is indeed true.

[Juschilln]

$44 per U escrow . . . "2X VALUE PLUS"