Replies to post #618651 on Mr Cooper Group Inc fka COOP

[Royal Dude]

Date Published 3/24/2020 Why now :) :) ????????

http://www.kccllc.net/documents/8817600/8817600200324000000000001.pdf

[boarddork]

Ha! yep, me thinks the same. Especially after today's shiny new-ish ID in staunch defense of the stench....aka stinky stew!

and now, throw in the updated WMILT FACTS. Why update now that the LT is no longer relevant. Must be some professional liability on the line when some are soon to find out they were duped into not releasing. Reminds me of someone's need to leave the last written word for posterity - ala 'I did my job'.

Its really clever how the WMILT was used to play this bankruptcy as if it was Chapter 7 liquidation...in other words, there is nothing left in the LT and nothing therefore left for you who released. Instead the WMILT was just a dog whistle to follow their bouncing ball.

This was Chapter 11 Reorganization. Which literally means that there are 'things' left to reunite with after the end of bankruptcy. Tracking Markers are still here and valid, and not there for no reason. And you were right....haha, the LT cant friggin cancel them.

I'm sticking around, as the best is soon to come. Hope you and yours are well AZ! We've been snowboarding in AK as long as we could, until they shut us down. Cant even get to the surf either now that the Rez is closed. Guess a lot of honey-dos, will finally get done.

[continuity]

I am still not convinced that WMI is trading as COOP. I still believe WMB is now trading as COOP.

[LuckyPanda]

AZ, is it possible that with this latest disclaimer by the LT, perhaps we will need to file some sort of administrative action to go after the remote bankruptcy assets. Perhaps owning the escrow markers is not enough. I recall Brian Rosen mentioning something along the line of "escrow markers by itself are not entitled..."

Perhaps, what he is alluding to is you need to file some sort of claim against the bankruptcy remote assets with evidence of escrow markers ownership now that the bk is over. Perhaps, those assets do not come back to our accounts automatically.

I am 99.999% certain that there has to be something..not zero. Otherwise, why would the underwriters even bother sending attorneys over the last year defending against Alice Griffin? LT basically has been showing zero return for equity over the last few years. So if there is nothing in remote bankruptcy, why wouldn't the underwriters simply declare a loss and simply give up their 1% class 19 stake. Why spend time and effort defending a class 19 stake that is worthless??

With the latest update by the LT, I'm just starting to wonder if we should be pursuing some sort of administrative claim in the "Lost and Found" for those remote bankruptcy assets?

[jhdf51]

Smile