Replies to post #733035 on Mr Cooper Group Inc fka COOP

[lodas]

John......there were 7 trusts ,including WMMRC..... there was also the WMIIC Trust which was liquidated, then subsequently shut down when the monies were placed in the WMIL-T for payments to creditors... the 6 sub trusts of WMMRC were liquidated , and were used to value the 200 million shares given to equity and preferred shareholders in a ratio of 25/75 %... 25% going to common, and 75% going to preferred shareholders... the 6 trusts were emptied and then closed down with WMMRC as the survivor which carried on with the re insurance run off of polices, and used as the interim reporting accounting to the SEC because they had no employees except Tagar Olsen, and Charles Smith... the 2013 WMIH 10-K was a forensic accounting of all assets of WMIH and only shows one Trust holding about 34 million in assets...the company was valued at 71 million dollars if sold after chapter 11 closed...in short, Rosen stated there were no safe harbor asset held by WMI.. this is borne out by the document submitted by WMI to the bankruptcy court that stated..ALL ASSETS BOTH REPORTABLE, AND NON REQUIRED TO BE REPORTED WERE DISCLOSED TO THE COURT....why?... WMI had to declare how they were to value the 200 million shares they created to give to common and preferred...thats how I read it... sorry if it does not concur with what you believe... Lodas

[User-793611]

Johnniconfer, but can you explain to me, how come here in the room while being 100% sure that judas and co. are handing out packets of lies and pretending that with the end of the WMB , the WMIH IS also over.
We all know that WMI was untouchable, but judas and co. put everything in the same drawer, I wonder; if they know this, then why do they act like this?
But the climax is, that at least three known members BZ, RD, Jonni together with 2 others who I have forgotten the names, OK the circle of members that I read has been reduced to only 3 members, they are RON, AZC. and another one who never gave an answer to judas and CO.
The other members I ignore, I no longer read them.
Time is money, but the clock is ticking without ever stopping.
XXXX

[AZCowboy]

~ John, I Skip Over Many Presentations, Focusing on WMIH / COOP as It' Moves Forward With ACTUAL SEC Document Reveals' ~

... But I found this humorous' as sent to the 100 year old' confusion ... LOL

However the 5th court said as reported in Globic in December 2017, that Bankruptcy law has no control over trust assets! As AZ has explained numerous times. There are 9 super trusts whose Beneficiaries are the previous owners of WM equity and bonds! Welcome to the team.

... a lot has happened since 2013' ... LOL ... Oh and to a few others' ? ... Sorry, But Those Super Trusts to NOT GET TO BE 75/25 ratio divided' ... k ? ... oh my' ... SMH'

Have A Nice Day Old Friend'

AZ