Replies to post #716928 on Mr Cooper Group Inc (COOP)

[Large Green]

CWG, you asked the following.

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What does “Total Assets”mean to you?

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If you look at the Pie Chart at the bottom of page 7 this will give you an idea of how the players handled their monies and yes, I know, this totally EXCLUDES 299B in WaMu assets but should help give you an idea they were not deposits or they would have NO DOUBT pointed this out.

There is no way to answer your question because they hid 299B of WaMu assets HOWEVER, at a bare minimum there is tremendous money to be made from a base of 300B even if WaMu did not own the monies. Think about this really hard, Why would they hide the money? In my view, it would prove WaMu was never legally bankrupt among many more very important points about assets.


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[goodietime]

"What does “Total Assets”mean to you?
Foes include those FDIC insured deposits of people?
Does it include mortgages?
Is it all just cash there for the taking?"

Didn't the FDIC insured deposits of people and mortgages go to JPM in 2008?

Why would they be in the FDIC pie chart in 2015?

[newflow]

CWG...did you contact WA state revenue department to check on the status of WMI Liquidating Trust and why their license is active in WA state?.