Replies to post #744127 on Mr Cooper Group Inc fka COOP

[ron_66271]

Yesterday That Was True.

Also stated by the FDIC that there will not be enough of a waterfall to distribute anything to old escrow holders...

The FDIC also stated that;
Excludes “$299 Billion for WMB and its assets”.

Correct; JPM hasn’t yet paid for WMB and its assets.
Plus 2X and interest.
The FDIC awaits payment from JPM.
Then FDIC can push money to the Plan 6/7 LT LTI holders.
All Plan 7 Creditors have been paid.

EC took control of the Plan 6 LT. Plan 6 captured the assets by AAOC.
Then implemented Plan 7 to pay Creditors.
DOCUMENTED!!!!

RE is the reason APR as removed.
Class 19 is satisfied with the money held in treasury Notes in RE. Now ~$25 Billion. 75/25%.
The Courts Criteria regarding APR was satisfied.


You don’t seem to be a numbers guy.
Please read my previous list of WMI assets/valuations.

No reason for me to waste my time posting things no one reads.

Please go read my post history if you’re interested.



Ron