Replies to post #627725 on Mr Cooper Group Inc fka COOP

[hotmeat]

WMI was sued solely for being the Parent Company, hence the attempts by Investors to hold them culpable for losses incurred.

WMI was NEVER involved in originating, packaging or selling loans (MBS's) to anyone at any time.

All WMI was involved in was managing the Subs that comprised WAMU and collecting/redistributing the dividend cash they received.

Simply read any Prospectus Offering document, their function and role as the Parent Co. is made quite clear.