Replies to post #588811 on Mr Cooper Group Inc (COOP)

[ron_66271]

Yes or No ?

Status Conference on Sept 26th.

? Has Class 17-18 been paid by the FDIC releasing the ABS Trusts Funds?

? Has the GSA been completed by FDIC payment to WMI for "WMB and it's assets"?


? Yes, or No ?


Why did we need to release JPM for "Willful Misconduct" ?

The D&O Insurers Insured WMB Officers.

The issues goes away with the Title of WMB to the FDIC with "the Final Payment".

There is no issues left for WMI when we have a "True Sale' of WMB by WMI to FDIC.

The D&O Insurers will be witness to a settled event. DONE.

Settlements are consummated with payments.

When the GSA is Closed With Payment,

then all WMB issues pertaining to WMI go away.

FDIC/JPM gets the Title to "WMB and it's assets" and any WMB issues.

TMF and MARTA issues go away as Class 18 receives ABS Trust funds.

Yep !

[jhdf51]

I think we’re ready to get paid by EOY and this meeting is significant in that regard. Final steps.

JHD

[wcheng]

i'm going to predict nothing happens but hope that I will be mistaken and pleasantly surprised..

a motion or whatever to close the BK by a set date would be nice..