Replies to post #609709 on Mr Cooper Group Inc (COOP)

[Civil War General]

If “WMIIC was held at WMBfsb ... “ is true, then how did WMIIC escape the sale to JPMC?

WMBfsb was where more than $20 billion in cash was held.

[JusticeWillWin]

Az, you know these two diagrams from the Disclosure Statement???

https://www.sec.gov/Archives/edgar/data/933136/000090951812000087/jg02-2712_8ke22.htm

Where do you find WMIIC?

Below WMB? NO!
Below WMBfsb? NO!
Below WMI? YES!

~ Slow Your Roll There Tea Cup' ~

Understanding the corporate structure of an investment, should be' a part of the investors decision to "Participate" ... First' ... (the basics)

"WMB's top-tier holding company, Washington Mutual, Inc. (WMI) is a unitary thrift holding company. It is mainly a shell. Washington Mutual Bank, fsb (WMBfsb) is the Bank's OTS-chartered operating susidiary and it holds WMB's Investment portfolio."

... WMI was a shell' ...WMIIC was held at WMBfsb ...

~ Know What You Own ~

AZ

[zeus_0100]

Wmiic was a sub of WMI.

[MONICALAW]

AZ
I counted JPM made $27.5 Billions
to be paid to WAMU Equity Escrow Holders Per Year off of WAMUs $1.7 Trillions Mortgages....Which has been Acknowledged in their End of the year Financial Reports....All together $302 Billions We should get They are Servicers and must pay to FDIC for our profits....Now that is DUE....According to my Docs and Detailed Calculations ...Best