Replies to post #708453 on Mr Cooper Group Inc (COOP)

[Large Green]

ron, hopefully, we will all soon find out how a DST and CSC TRUST COMPANY OF DELAWARE plays a vital role in our eventual distributions. Many here want to ignore the following.

I suggest you do more work on the Ownership Change that happened on 3/19/2012 resulting in the transfer of the former WaMu Estate to those investors who signed timely releases by March of the year 2012.

However, there is one very important fact that MOST of us agree on that has done any significant research and have timely-signed releases and that is there will be very large monies that get distributed at some point.

***LET EACH SECTION OF THE FOLLOWING SINK-IN***
________________________________________

From Amended POR 7 signed by the court on 2/23/2012

• set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq.

http://www.kccllc.net/documents/8817600/8817600120507000000000001.pdf

WMI LIQUIDATING TRUST AGREEMENT WMI LIQUIDATING TRUST AGREEMENT, dated as of March 5, 2012 (this “Trust Agreement”), is by and among Washington Mutual, Inc. (“WMI”) and WMI Investment Corp. (“WMI Investment” and, together with WMI, the “Debtors”), as debtors and debtors-in-possession, William C. Kosturos, as liquidating trustee (together with any successor or additional trustee appointed under the terms hereof, the “Liquidating Trustee”), and CSC Trust Company of Delaware as the Delaware resident trustee (together with any successor Delaware resident trustee appointed under the terms hereof, the “Resident Trustee” and collectively with the Liquidating Trustee, the “Trustees”) of the WMI Liquidating Trust (the “Liquidating Trust”).

WASHINGTON MUTUAL, INC. By: /s/ Charles Edward Smith Name: Charles Edward Smith Title: Executive Vice President & General Counsel WMI INVESTMENT CORP. By: /s/ Charles Edward Smith Name: Charles Edward Smith Title: Executive Vice President & General Counsel WILLIAM C. KOSTUROS By: /s/ William C. Kosturos Name: William C. Kosturos CSC TRUST COMPANY OF DELAWARE, not in its individual capacity, but solely as Resident Trustee By: /s/ Alan R. Halpern Name: Alan R. Halpern Title: Vice President



,,,

[BBANBOB]

HMMMMMMMMMMMMM

"""Payment for WMB and it’s assets belongs to Class 22""".

But not WMI's assets since imho those are where the real money is and that is covered by the agreement of the 75/25 payout matrix


Nobody has really expected to get much from the WMB part anyway

Remember two separate BK cases running simultaneously

Also IF IF IF IFIN Class 19 has a set aside as you suggest of 4.6 X's face and are already taken care of,,WOULD YOU CARE TO EXPLAIN why the company came out in August of 2012 and put out the 8K and PR state that prefered equity and common equity would be paid out at the rate of 75/25 ????????????

IF IF IF class 19 has already been taken care of why even mention them in both the 8K or the PR, since according to you they have already been taken care of

COMMON SENSE AND LOGIC USE THEM THEY WORK