Replies to post #718071 on Mr Cooper Group Inc (COOP)

[Royal Dude]

Not trying to be right Dork. Just want to find a flow of money that can be supplied and distributed 75/25 to participants All that are responsible for this theft will be responsble for thier share

My question after the Judge ruled to settle, How long will itake the cashier to send it

Reice Buchwald on 10/24/2023) Filed In Associated Cases: 1:11-md-02262-NRB, 1:11-cv-02613-NRB. (mml) Transmission to Finance Unit (Cashiers) for processing.

[Bizreader]

Right I get that it's rather ethereal but it's quite possible.

[ron_66271]

Also, Please Consider That;

Yes the ABS/MBS/RMBS are LIBOR based.
The Derivative contracts functioning as insurance policies covering all losses on the ABS/MBS/RMBS CERTS holders are also LIBOR based.

Yes a LIBOR litigation morass. JPM and the other big Banks needed time.
BUT, we win twice.
• Adjustments for losses on the front side.
• The resolution of the Derivatives contracts (OTC) what will free up the CERTS distributions to the harmed institutions.
?! How can a ‘insurance company’ satisfy claims when the insurance company doesn’t know what they need to pay!?

See the game!

WMI/WMB and the Others +Government Sponsored are the OTC Settlers.
I’m seeing a lot of OTC settlements on the LIBOR site.



I’m optimistic,
Ron