Replies to post #682793 on Mr Cooper Group Inc fka COOP

[ron_66271]

Looks like A&M is still employed by WMI.


2021-04-10 - 2021-04-30 Addition of officer WILLIAM KOSTUROS, chief executive officer.

I guess we never did terminate their employment.


Ron

[ron_66271]

Maybe I should Said it Differently.

WMIH-CORP owns and operates WMI assets in a Liquidating Trust created in Plan 6.

A&M is still here.


Ron

[ron_66271]

Three Magic Wands' Can Make Things Disappear.

Three Magic Wands of Eclipse;
KKR
WMI Holding Corp.
Nationstar

Reorganized WMI became WMI Holding Corp, WMIH.

Meger/accusation with Nationstar; WMI Holding Corp became WMIH Corp as the Registrant, and WMI Holding Corp disappeared as no longer the Registrant.

Did WMI Holding Corp go silent/private as the holder and Trustee for the Plan 6 Liquidating Trust?
Just look at the resent activity regarding WMI non-Debtor Subs.
COOP doesn't have the non-Debtor Subs.


Later, COOP became the Registrant. (WMIH Corp) WMIH/12 -> COOP.

Many COOP holders are not party to the release of JPM with 41.6 W-9 submissions.
Therefore; WMB payment is not involving COOP.


The Pay-Point is 510(b) from Exhibit H of both P6 and P7.

What’s in P6-LT;
WMB payment?
RE/DCR payment?
WMB notes payment?
SH-ABS payments?
Non-debtors Subs?
Let's Roll....


The goods were protected in Plan 6 LT.
Plan 7 LT was only enough money to pay Creditors.


June 14th, JPM has/had $500 Billion in Cash.



Ron