Replies to post #723185 on Mr Cooper Group Inc (COOP)

[BBANBOB]

DARK
Why would any doc spell out ""OFF BALANCE SHEET ASSETS"" as they simple could not be OWNED by any to be CONsidered an SPE.

Now what was the 1031 about????????? WHat are the DST's about. what are the 3 accts at WELLS FARGO about

Remember ya can't set up a trust with NO ASSETS and a 1031 is pretty much the same to fund one...................................................

Why don't we all just wait and see how this all turns out in THE END.............................................................................................................

MY WAG is we WILL get more from this thing

[iPrelude]

probably unrelated to escrows or off balance sheet, I have not read the document.
Restricted subsidiaries are mentioned though

[lodas]

scroll al the way down to F-15, Table of contents....1st paragraph... it reads in part,...... WMIHC is not liable for pre petition claims, and "NO CASH WILL BE DISBURSED"..... WMIHC is successor to WMI so, this means no added recovery is forthcoming no matter how long you wait.....if you read the.... chapter 11 closing document, the statement about no off sheet balance assets, or Safe Harbor assets... Lodas, enjoy the game ... SF wins!!!