Replies to post #657343 on Mr Cooper Group Inc fka COOP

[SamuraiProgrammer]

Respectfully, Mordicai...

If the LT had these assets, would they not have distributed them?

If the LT had these assets and they were assigned to WMIH (the company that exited BK), would it not have shown them on the Balance Sheet from day one?

It is clear that there were assets remote from the BK and the judge would not even let the amount be mentioned in open court. If the BK Court was not allowed to be aware of them, does it not follow that the LT (a creature of the BK Court) would not be allowed to be aware of them also?

If the LT is not 'aware' of them, how can it administrate them?

I realize that you may be correct. I just don't see it that way.

One other thing...

I am speaking of MBS in general, not the trusts that supported the P's

I suspect the trusts that support the Ps may actually be (or be filled with) some of the MBSs we are discussing. I don't know this for a fact, but isn't it possible.

[goodietime]

And the fact that the prospectus and related documents for common(and Pref's) were cancelled,how can the 'usual rights',somehow still apply?