Replies to post #609885 on Mr Cooper Group Inc (COOP)

[mad4]

I don’t think I’ve stated that the FDIC has hidden assets anywhere. I believe that the rest of the process waits on the FDIC to be released and then it can come forth, whatever that is. As you have stated before many times, opinions do not necessarily make a reality, and I see a flaw in your argument because it’s based on assumptions in some parts, combined with facts on others, and that to me shows a weakness in this logic

But then again this is also my opinion, and It may be flawed as well

[Large Green]

Hotmeat, you said WaMu should have fought harder then I need you to enlighten investors what is under 800 plus court-sealed and redacted documents as you are insinuating there is no deal and nothing returning

[mad4]

But why would the FDIC hide assets if they did not go into the bankruptcy as a different company. You see what I’m saying is that the FDIC could not seize the assets of the company that has not declared bankruptcy if it was separate from the Washington mutual entities. So they would have nothing to return because they never seized it.

That is what I am stating, for some reason you come back to the FDIC. I asked why the FDIC had not been released, but that does not imply that I am thinking that assets are in there. That is your assumption. What I am saying is that the FDIC has not been released because the other parts of the process are not ready. Hope this clears it up and again this is just my opinion and I respect yours

[tanjazielman]

Haven't you heard about the bankruptcy remote MBS trust assets? 165 billion of them.

Even JPM declared they couldn't own them (they are off balance sheet assets) and that FDIC was responsible for delinquent mortgages in these trusts.

Because these assets' existence is acknowledged by JPM, FDIC, Hochberg and above all in the whole Deutsche Bank VS JPM/FDIC case there must be a process that takes care of the liquidation and proper disbursement of the cash returned on both the liquidation value and revenue stream of these assets.

These cannot just exist in No Man's Land.