Replies to post #702459 on Mr Cooper Group Inc (COOP)

[lodas]

I just googled Wells Fargo settlements with its customers, and I believe that AZC got money in a settlement, and not from WMI off balance funds they might be holding in some trusts somewhere, including Wells....In my opinion, WMI never intended to pay any money to shareholders from the beginning POR's, whenever they were submitted to the courts.. it was only when Nate Thoma disclosed insider trading that the chapter 11 case went public, and the equity was formed..WMI was forced by Susman to include equity to be a part of the chapter 11 claims, along with the Creditors to settle the chapter 11... so, IMO, the 7th amendment to the GSA stands as written, because that was the document which sequestered release signatures...we can wait, and we will wait, but IMO it is useless.. the deal to get signatures was 11 years ago, and the chapter 11 was never challenged for fraud...Lodas