Replies to post #681114 on Mr Cooper Group Inc fka COOP

[Large Green]

CWG, Here you go, the WaMu Holy Grail

***FDIC States*** Does NOT include WaMu's 299 BILLION in ASSETS. YEAH!

***Concrete Evidence***The Holy Grail***

Link follows - Examiner-Unfortunately it looks like the following link has been deactivated by the PERPS

http://www.kccllc.net/wamu/document/0812229100722000000000002

***The Holy Grail***

The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine.

Pages 70 - 72...Unfortunately it looks like the following link has been deactivated by the PERPS


http://www.reorgwmi.com/documents/HearingTranscripts/08-12229-20100720.PDF

We also have in there the part (b) of what is to be retained, and that is because in

negotiations that we had with all of the settling parties, with the equity committee

last week, with the FDIC, we did talk a great deal about the concept of the retained

assets. Now, it's my position, Your Honor, that the examiner doesn't need to do

much with the retained assets other than say the assets are retained and therefore

the liquidating trust can go ahead and pursue them. They will still be there; they

can be carried through. But I understand that the equity committee is very

interested in having a neutral third party do an investigation of those retained assets.

__________________________________________

FDIC TRULY states HUNDREDS of BILLIONS 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*** ...LINK still works


'Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF'

[Large Green]

***Per Fishman in 2008***WaMu 310 Billion in Assets-Letter to Bair- Oh my, that is HUNDREDS of BILLIONS in 2008 so now at least double that!



http://s.wsj.net/public/resources/documents/WSJ-WAMU-Responsive-e-mails092810.pdf

[Large Green]

Exchanged old WaMu for NewCo/WMIH

From: Edgar G. Sargent [mailto:[e-mail]]
Sent: Thursday, March 22, 2012 4:36 PM
To:
Subject: RE: Wamu


142,500,000 (75% of 190,000,000) are distributed to holders of preferred securities as well as claims subordinated to the level of preferred. Total disputed claims at the preferred level are $106,514,585.09. For those claims, 2,109,051 shares are reserved. The remaining 140,390,949 are distributed evenly by liquidation preference across the $7.5 billion of preferred shares. However, while the TPS are denominated in 1,000s, the Series K has a face amount per share of $25.

For the TPS, 3,729,658.260 shares provided releases and will receive 73,849,406 shares or 19.80058 new shares per old share. This share count is after giving effect to the mandatory exchange.

For Series R, 2,906,421 shares provided releases and will receive 57,548,829 or 19.8005825 new shares per old share.

For Series K, 18,166,565 shares provided releases and will receive 8,992,714 shares or 0.4950146 new shares per old share.

For the common shareholders, they are receiving 47,500,000 shares of which 4,165,750 shares go to the Dime Warrant holders, 2,631,933 shares are reserved for disputed equity claims, 693,806 shares will be distributed to Principal Financial on account of their claims and existing common will get 40,008,511 shares. For each share of existing common granting releases in the total amount of 1,194,340,178 shares, they will receive 0.03349842 shares.

Because no fractional shares are being issued, the percentages for each holder may vary due to rounding. I’m not sure what you are using this information for, but that’s an important point for holders.

Hope this gets you what you need. I'm out until tomorrow so if you have any follow up I will probably respond then.

Edgar