Replies to post #640764 on Mr Cooper Group Inc fka COOP

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FDIC TRULY states $299 BILLION in WaMu Assets - Yes, HUNDREDS of BILLIONS


https://www.fdic.gov/about/strategic/corporate/cfo_report_3rdqtr_15/0915_cfo_report.pdf


***Bottom of page 7***


'Excludes WAMU with total ASSETS of $299 billion and ZERO estimated losses to the DIF

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***The Infamous Footnote Number 39***

In light of Footnote 39:

"FINAL REPORT OF THE EXAMINER
JOSHUA R. HOCHBERG
Court Appointed Examiner

Footnote 39


Equity undertook a preliminary solvency analysis based on the limited information made available by the Debtors. Equity noted that a final analysis of solvency would require a detailed review of WMB?s loan portfolio, which is not available to Equity and was also not reviewed by the Debtors. The Examiner in this Report has an analysis of solvency, but he also did not conduct a review of the loan portfolio."

[mwd44]

Hotmeat-I did look. However I didn't see where Hochberg said he evaluated the retained assets. Can you be a little more specific concerning where he said he evaluated them.

[PickStocks]

I do not think that is correct, he only gave his opinion on the value since no information was turned over for his evaluation. Mean nothing anyway as the bk is closed