Replies to post #727642 on Mr Cooper Group Inc (COOP)

[lodas]

too bad that you will not see my post because I am on ignore, but all parties to the GSA settlement granted releases to each other in their cross complaints... JPM was released , and also received 600 million from the WMI estate to settle faulty MBS putbacks... JPM got the WAMU banks and related assets from WMI for 1.89 billion dollars total, and took over the savings and loans institutions, and renamed them banks under JPM control... the FDIC took 299 billion in sub prime mortgages from WMI and holding them against the 14 billion dollar liability caused by the 16 billion dollar depositors run and the equity stock sell off backing them... WMI got 6.5 billion in cash plus over 5.89 billion in NOLS in return for abandoning their stock and equity (20.7 billion) in WAMU...the FDIC said that there was no cost to them as they took the 299 billion in MBS and "milking them down in run off to pay the 14 billion deficit in WAMU balance sheet...you are not a shareholder in WAMU, and have no rights to former assets of WMI, now Wmih when you signed your release in return for shares in the new company... in short, you will get squat when everything settles out, and the receivership closes... you are a loser who keeps laughing an putting people on ignore when they are posting official links to documents...Lodas