Replies to post #604867 on Mr Cooper Group Inc (COOP)

[ReikoBlack]

There is not going to be any "Final Payment" made for "WMB and it's assets" no matter how much you wish for it to come true. Look at how this notion has affected your sanity.

The FDIC's Receivership is NOT Closed,

because JPM has not made "the Final Payment" for "WMB and it's assets". The FDIC can't close the receivership until "the Final Payment" for "WMB and it's assets" to the FDIC to close the GSA of WMI's Plan 7.

Yes, RB. JPM is very tarty in making "the Final Payment" for "WMB and it's assets" to the FDIC to close the GSA of WMI's Plan 7.

[fixedops]

So which is it?

The FDIC's Receivership is NOT Closed,

because JPM has not made "the Final Payment" for "WMB and it's assets". The FDIC can't close the receivership until "the Final Payment" for "WMB and it's assets" to the FDIC to close the GSA of WMI's Plan 7.

Yes, RB. JPM is very tarty in making "the Final Payment" for "WMB and it's assets" to the FDIC to close the GSA of WMI's Plan 7.

Payment for "WMB and it's assets" to close the GSA needs to happen tomorrow morning and, before the Gavel goes down to Closing the Cases.

The Title to "WMB and it's assets" must move to JPM with payment before JPM can take responsibility for the WMB Notes.

WMB Note holders have NOT Released anyone yet and they are coming to the Hearing to make sure they get paid.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152870807

[RajuSondh1]

Ron - this is what the receivership website,so there are a few claims pending. What are those if you are able break it down?
The settlement did not resolve certain claims by the Receiver against JPMC, including the Receiver’s claims against JPMC relating to its alleged participation with other banks in manipulating certain benchmark rates and markets. It also preserves all claims of the Receiver against other persons who caused losses to WAMU prior to its failure, including claims relating to restitution orders and all regulatory and supervisory claims of FDIC-C. The Receiver anticipates that it will make a final distribution at a later date. It is unlikely that the Receiver will have sufficient funds to distribute to holders of receivership certificates issued to WAMU subordinate note holders or equity holders.
https://www.fdic.gov/bank/individual/failed/wamu-settlement.html