Replies to post #671567 on Mr Cooper Group Inc (COOP)

[DarkB4Dawn]

Thank you for the effort and for posting the response. A better response from the FDIC this time but to point to "unreported liabilities" ? Why not identify them? back out the deposits and all the other liabilities JPM took on with details and not broad brush strokes and close the bankruptcy with JPM providing the details for all to see. What did they get, what did they pay for.

[Royal Dude]

Thanks David for all you have done for us. You have blown the door wid open and I believe they are getting close to a resolution or the would not have responded Keep us informed.

[nosch]

Thanks for your informations!!

FDIC as Receiver for WaMu has no control over the holding company liquidation and FDIC never had control of exclusive holding company assets. So then my question is WHO is in charge of the holding company currently? who is driving that ship? and who is in charge for delaying any kind of payments for escrow holders?

[Nightdaytrader]

ItsMyOption, thanks for posting. ND9

[ron_66271]

Because of FIRREA as a gag order,

JPM could transfer the $500 Billion cash on hand to the FDIC and not be required to make an public announcement. The same is true for a transfer from FDIC to Holding Company, WMIH.

For JPM to hold that much money un-invested is irresponsible. Why didn't JPM make investments at lower creation of funds?


https://www.msn.com/en-us/money/markets/jamie-dimon-says-jpmorgan-has-stockpiled-500-billion-in-cash-that-it-will-look-to-invest-as-inflation-picks-up/ar-AAL3qRh



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165240041

The securitized Trusts as Bonds of WMB where insured by the likes of JPM.

WMI sued the FDIC for $307 Billion, of which about $7.9B has been paid back.

Hence: $299 Billion according to the FDIC for WMB and its assets.


I'm still here.
HLCE,
Ron

More later after you think about it.

RKT?
COOP can't do it, but the Holding Company, WMIH can.