Replies to post #727594 on Mr Cooper Group Inc (COOP)

[lodas]

nothing was sinister about that... its all documented in the filings, so whether I included Wmil-t , or not, it makes no difference...however, to be exact, why was WMIL-T included in the filings that Title to all assets belong to WMI, JPMC, FDIC, and WMIL-T?.....in order for WMIL-T to make distributions to Creditors in the chapter 11 closure, they would have had to have Title to the assets they distributed... for example:... 7 trusts were liquidated by WMMRC, and assets held in WMIIC, and they would have had to have Title to these assets before A/M could liquidate them...also, when the GSA came to an agreement between all parties, cross claims settled between the parties could ONLY BE DONE IF THE SETTLING PARTY HAD TITLE TO HIS ASSETS!!!!!!!!....said another way:... one cannot bargain away an asset if he does not own it!!!!...so, there was nothing sinister in the omission of WMIL-T in my post... Lodas
I am only allowed 3 posts per day...so sometimes I only use my allotment wisely...I am done for today