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Mr Cooper Group Inc

Mr Cooper Group Inc (COOP)

104.49
-2.56
(-2.39%)
Closed March 29 4:00PM
104.49
-0.08
(-0.08%)
After Hours: 7:49PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

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COOP Discussion

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Bill48 Bill48 28 minutes ago
You must have a treasury account in order to receive a bond
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Royal Dude Royal Dude 32 minutes ago
Ron, you soar with the eagles
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Royal Dude Royal Dude 33 minutes ago
Ron, you soar with the eagles
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Royal Dude Royal Dude 1 hour ago
It will come in cash, Bonds, and shares Jpm, Coop, and f/f stock from the DTCC. Tex will get zero for being a bad boy.
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ChangnoiPlaza ChangnoiPlaza 1 hour ago
I would like to point out a specific document in the CH11 case:
https://www.veritaglobal.net/document/0812229100316000000000005

Debtors’ Objection to Proof of Claim of Tranquility Master Fund, Ltd. (Claim No. 2206) dated March 15, 2010.
What’s interesting about this document is that it has 10,184 pages — and based on my experience with US laws, which are thousands of pages long and often hide things, I suspect there might be things in the above-mentioned document that needed to be said but were meant to remain hidden.

Maybe someone here could take a look at it, I’m not too deep into this matter.
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ChangnoiPlaza ChangnoiPlaza 1 hour ago
I really have to apologize here!

Last time, I wrote (https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175974793) that there were 19,192 documents in the CH11 case, and I assumed there were 4 pages per document, which is incorrect.

I also called @Lodas a liar for claiming that he had read all the documents. I apologize for that.

What is now correct:

It's not 76,768 pages, it's actually 489,703 pages.
This results in a total reading time of 1,275 days — assuming you're not old and can read quickly.

So, I would now call Lodas a huge liar.

And if Pickstock now claims that this is feasible... well, everyone can have their own opinion on that. 😁
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LexTrader LexTrader 3 hours ago
Zero
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ron_66271 ron_66271 8 hours ago
Above Starbird Road?

I love the area.

Spend a lot of time at Deception Pass and Anacortes.

Smile because we all will be happy and need the resolve to this story.



Ron
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PickStocks PickStocks 8 hours ago
Well Easter is right around the corner....maybe it is hiding in the eggs...
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jhdf51 jhdf51 9 hours ago
Thanks Ron.

JHD
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lodas lodas 10 hours ago
@ novascotiaSTS.......nice post....talking to these wannbees is like talking to a brick wall... they dont believe in official documents, but they just throw sh*t against the wall hoping it will stick.....especially ron, who has a denial monkey on his back....I am not going to waste may time anymore on these guys....I will only converse with those that have read the documents.....Lodas
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MadBadger MadBadger 11 hours ago
Thank you PickStocks.
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ron_66271 ron_66271 13 hours ago
AZ You Can’t Do Numbers.

The Historical Numbers are the Numbers.

It’s all just simple Accounting.
Plus you failed in the process evaluation.

Yes WMI sued the FDIC for $307.02 Billion in the Dual Track for WMB and it’s assets.
Yes it was Ruled from the Bench that JPM was obliged to pay full Book Value for WMB and its assets.

JPM is on the hook to pay full book value for WMB and its Assets plus damages and past interest.

The FDIC agrees after $7.9 Billion came back to WMI.
The FDIC’s corrected number $299 Billion for WMB and its assets.
FDIC numbers not mine.

All documented.
Maybe you just didn’t read those documents because you don’t understand numbers!!!

Yes TBTF owes $1.56 Trillion to ABS/RMBS security holders.

Yes JPM lost multiple times.
WMB + damages * interest.
Credit Default Swaps.

My calculations shows that at minimum TBTF owes $178B to WMI/WMB ABS investors.
~$102 Billion just from JPM.

You Show me your Numbers.



Ron
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jhdf51 jhdf51 13 hours ago
Yep and he won’t answer me back.

JHD
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PickStocks PickStocks 13 hours ago
Right everyone's opinion is wrong except for yours....it is good to see you claim you are right when nothing this includes even 1% has not been returned...so continue with the guessing...as you stated nothing has been returned so that makes your opinion 100% wrong as well..it doesn't matter if others keep posting their opinions...
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diamondguru-one diamondguru-one 13 hours ago
what are the odds that we get checks in the mail to hide it from wall street ????


I just find it hard to believe that kind of payout will be cash in accounts.....


now shares in JPM or COOP is a different story.........

just hit the button now.........
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Royal Dude Royal Dude 14 hours ago
Our settlement with our name on it Copy and send. I have been thrown off every other place.

3 2023
12 2024
4 2025
All hiding the value

Professional Liability Settlement Agreements

The purpose of the FDIC professional liability program is to recover funds for FDIC receiverships and to hold accountable directors, officers, and professionals who caused losses to insured depository institutions ("IDIs") that are later placed in FDIC receivership. The FDIC conducts a thorough investigation into potential professional liability claims arising from every IDI failure but pursues claims only if they are both meritorious and expected to be cost-effective. Pursuit of these claims maximizes recoveries for creditors of the failed bank receivership, including uninsured depositors and the deposit insurance fund. Entering into a settlement of those claims may avoid costly and protracted litigation over the claims and result in greater recoveries. The FDIC will publish the terms and conditions of all settlements as they become available and the material will be updated regularly

FINInstitution NameStateDefendantsSettlement DateDocumentsVarious20 Closed BanksVariousThe Norinchukin Ban03/10/202520 Closed Banks – The Norinchukin Bank (PDF)10507National Republic Bank of ChicagoILEstate of Hiren Patel01/23/2025National Republic Bank – Estate of Hiren Patel (PDF)10015Washington Mutual BankNVFirst Horizon Bank01/17/2025Washington Mutual Bank – First Horizon Bank (PDF)10015Washington Mutual BankNVNJ Lenders Corporation11/06/2024Washington Mutual Bank – NJ Lenders Corporation (PDF)10015Washington Mutual BankNVCTX Mortgage Company, LLC and Pulte Mortgage LLC09/13/2024Washington Mutual Bank - CTX - Pulte (PDF)10015Washington Mutual BankNVPrimary Residential Mortgage, Inc.09/04/2024Washington Mutual Bank - Primary Residential Mortgage, Inc (PDF)10015Washington Mutual BankNVMortgage Management Consultants, Inc06/27/2024Mortgage Management Consultants, Inc (PDF)10015Washington Mutual BankNVGuild Mortgage Company05/13/2024Washington Mutual Bank – Guild Mortgage Company (PDF)VariousLIBOR LitigationVariousMUFG Bank - Société Générale05/09/2024LIBOR Litigation – MUFG Bank - Société Générale (PDF)10015Washington Mutual BankNVThe Mortgage Link05/08/2024Washington Mutual Bank – The Mortgage Link (PDF)10015Washington Mutual BankNVCal Coast Financial Corporation04/17/2024Washington Mutual Bank - Cal Coast Financial Corporation (PDF)10015Washington Mutual BankNVEverett Financial Inc DBA Supreme Lending03/24/2024Washington Mutual Bank – Everett Financial Inc. DBA Supreme Lending (PDF)10015Washington Mutual BankNVArk-La-Tex Financial Services03/14/2024Washington Mutual Bank - Ark-La-Tex Settlement Agreement (PDF)10015Washington Mutual BankNVPNC Bank, National Association02/15/2024Washington Mutual Bank - PNC Bank, National Association (PDF)10015Washington Mutual BankNVFairfax Mortgage Investments Inc.02/09/2024Washington Mutual Bank – Fairfax Mortgage Investments Inc. (PDF)10015Washington Mutual BankNVCMG Mortgage Services01/18/2024Washington Mutual Bank – CMG Mortgage Services (PDF)10526First NBC BankLARyan et al.01/10/2024First NBC Bank – Ryan et al. (PDF)10048Omni National BankGACertain Underwriters at Lloyd’s of London08/24/2023Omni National Bank - Certain Underwriters at Lloyd’s of London (PDF)10015Washington Mutual BankNVMason McDuffie Mortgage Corp08/17/2023Washington Mutual - Mason McDuffie Mortgage Corp (PDF)10015Washington Mutual BankWATrustworthy Mortgage Corp06/26/2023Washington Mutual Bank - Trustworthy Mortgage Corp. (PDF)10463Nova BankPAFirst American Title Insurance Co.06/26/2023Nova Bank - First American Title Insurance Co. (PDF)10103Colonial BankALNatWest Markets Securities06/12/2023Colonial Bank - NatWest Markets Securities (PDF)10015Washington Mutual BankWAAmerican Financial Network, Inc.06/08/2023Washington Mutual Bank - American Financial Network, Inc. (PDF)10155AmTrust BankOHKenrick Caesar11/22/2022AmTrust Bank - Kenrick Caesar (PDF)10015Washington Mutual BankNVGateway First Bank11/17/2022Washington Mutual Bank - Gateway First Bank (PDF)
Showing 1 to 25 of 871 entries

https://www.fdic.gov/foia/professional-liability-settlement-agreements?fbclid=IwY2xjawJIObZleHRuA2FlbQIxMQABHWpm350jsPFcLutoBiGJtcbdiEMREbDXOWIuwElncvbBvUS_F9WnOVNl9g_aem_PhDXZ9tITISRYSt99624Hg#
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jhdf51 jhdf51 14 hours ago
So when is this money coming back? You can’t leave everything open ended and say you are correct.

This year? Next year? 10 years?

JHD
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AZCowboy AZCowboy 15 hours ago
~ Your'e Welcome XOOM, It's the Schwab e-mail receipt & Verification by the Numerous Schwab Broker Participants of the ... "PROOF OF THE PROCESS" ... as I have tried to reveal here' to the folks ... LOL' a waste of ol cactus' time ... truth in process was always to be denied in these chattroooms' etc. ~

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175989009

=================================================================

per the Actual WMI Reorganizational Release Documents for an Original Owner of a WMI p, k, (bonds) ... or an actual owner of the WMI Holding Company by way of actual ownership of the wamuq' Common Shares ... cusip designated ...the Process Is Documented and Revealed' ...

=================================================================

Remember; ... one was to submit your Release, dictating WHO you are, and how many you owned, ... then the Broker was to package the Individually Submitted Release Documents, and send them to KCC, who was then to send them ALL' to the DTC ... (IF' ? any of the cusips were to be considered without value, the DTC would notify the Broker ... in this case it was Schwab' for an LBHI Class 11 security ...

"Thanks for the positivity AZ, during this final stretch. Are you expecting Schwab and other brokers to send similar emails ... "Maybe ? Maybe Not, it doesn't really matter ... it appears to me that Schwab had made an internal error on just the ONE' LBHI Class 11" and acknowledged it with the e-mails" ... to legacy WAMU holders, soon ?TIA"

... More Importantly is the FACT that the "Process WORKS" ... and any naysayer saying that nothing is coming back is obviosly ... 100% WRONG ... and, ... none of them' matter'

... the wmi-lt is closed, ... and ... the "pie in the sky numbers" ... ARE INCORRECT' ...

Abba Da Ayy

AZ
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xoom xoom 15 hours ago
Thanks for the positivity AZ, during this final stretch. Are you expecting Schwab and other brokers to send similar emails to legacy WAMU holders, soon ?
TIA
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PickStocks PickStocks 16 hours ago
Plan 7 was approved and settled.....however plan 6  was not....the big question is will anyone see it...
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ron_66271 ron_66271 16 hours ago
Thanks Bill. I’m a WaMu Alcoholic.

I have studied the history the best I could. I track the numbers because the numbers te

I’m preparing for my 12 step program (Boot Scootin Boogie) on a sunny sandy beach with my sailboat in the harbor.


Ron
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ron_66271 ron_66271 16 hours ago
Thanks Bill. I’m a WaMu Alcoholic.

I have studied the history the best I could. I track the numbers because the numbers te

I’m preparing for my 12 step program (Boot Scootin Boogie) on a sunny sandy beach with my sailboat in the harbor.


Ron
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Bill48 Bill48 16 hours ago
Wow! Ron ! Your research and analysis for all of this is amazing! Thanks a lot for sharing your insights and knowledge!! Much appreciated. !
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ron_66271 ron_66271 16 hours ago
This Must Be The Plan 6 LT.

Yes there is a Plan 6 LT. The Equity Community told us during the Plan 6 conformation hearings.

Plan 7 LT was only for the Creditors, now all paid.
Therefore the Plan 7 LT was closed.

That’s in Plan 6 LT?
• WMB Receivership Claims.
• Damages and interest.
• Retained Earnings.
• Other assets.

WMIHC holds;
• WMIIC.
• ~$40B in unaccounted assets like 1031 Exchange

WMIHC (the Former) separated from WMIH (the Latter) as to not commingle oldWMI/WMIHC assets in a future merger with another company.
Yes WMIH/COOP is a Subsidiary of WMIHC.

The Historical Numbers are the PROOF.

And Provided!!



Ron
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Large Green Large Green 17 hours ago
MO MONEY COMING which equal that term called MAGIC MONEY


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newflow newflow 17 hours ago
Anyone?. Why there were 4 members on Trust Advisory Board(TAB) from Class 19 and Class 22, approved by court if there was nothing left from WMILT?. And they were there from March 20,2012 thru Jan 10, 2020?.
Why modified LT agreement was not public?.
Why insiders were appointed as administrators of WMILT in Jan 2020?.
Who were the parties to modified LT agreement?.
And why wmitrust.net is active?.
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jhdf51 jhdf51 18 hours ago
No, your ending statement is the $6 million question or way more than that I should say… but will we ever see it?.Good question.

JHD
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jhdf51 jhdf51 18 hours ago
Ok thanks.

JHD
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jhdf51 jhdf51 19 hours ago
Thanks!

JHD
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jhdf51 jhdf51 19 hours ago
Ok thank you.

JHD
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BBANBOB BBANBOB 19 hours ago
AT THIS POINT IN TIME IT DOESN'T APPEAR equity will be involved.......is a huge statement

How do any get away from the FACT that JPM owes for what they took and THAT IS in the POR/GSAand exactly why we have NOT RELEASED the FDICK and the FDICK still has JPM by the short hairs( and servicing fees as well) and most likely that amount would be HLCE for many here , ALSO what about the 3 Wells Fargo accts SET UP BY THE COURT for payment to be made to.

There is lots still out there BUT the ? is do we ever see it............
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jhdf51 jhdf51 19 hours ago
Ok understood. Thank you.

JHD
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ron_66271 ron_66271 19 hours ago
WMI Only Needs to Disclose enough to Pay Creditors.

Filing #29 WMI;
~$32-$8 = ~$24 Billion.
$24B positive, but FDIC/JPM was challenging for ownership of these assets. The assets were later sold to JPM in the GSA as the 363 Sales. $20.7B was placed into Treasuries accounted for in the February MOR.

Filing #28 WMIIC BK barred everyone from seeing the contents except Stu, the Judge, and lead counsel.
That’s why Nelson was not allowed to speak about WMIIC assets. Even the WMI BOD was barred from WMIIC.


Now numbers;
$375 WMI
$307 WMB and it’s assets
$24 WMI BK assets

$375-$307-$24 =$44 Billion
In unaccounted for assets held in WMI subsidiaries like1031 Exchange.




Ron
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PickStocks PickStocks 19 hours ago
Maybe they were talking about the weather for 3 hours...16 years later nothing became of it....the bk closed..
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Large Green Large Green 19 hours ago
JHD, I respect your opinion and view but I will say all I have learned and info found over the years points to how many billionaires found their wealth via investing in Distressed Debt, basically legally stealing others assets via Safe Harbor, bk remote assets. Remember, Delaware bk laws are much different than most states for reason!

Back to Justin Nelson. He could have proved the assets but Brian Rosen knew he could not legally enter those assets in an active bk case even though Nelson tried three times. Judge Walrath got very irate with him because her hands were tied with the bk laws she had to uphold.

Remember, there was an unplanned three hour delay when Steven Susan attended the hearing, whispered something in Rosie’s ear then ask the Judge if he could approach the bench, she allowed then delayed the court to call VIP group into her Chambers where this went on for three hours. I believe the history of this case was mapped out in her Chambers and the rest is history so we will find out the truth relatively soon. Timely-signed investors will be in very high cotton in my view!


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novascotiaSTS novascotiaSTS 19 hours ago
WMI did not have any beneficial interest in the MBS issued by WMB.

The Liquidation Trust has confirmed this in its FAQs in writing.

https://veritaglobal.net/documents/8817600/8817600210115000000000001.pdf
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BBANBOB BBANBOB 20 hours ago
"" Plan of Reorganization that supports residual value for equity .. at least I don’t believe so.""

At this time !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! but same was said at LEH and now they are having their worthless SHARES cusipd Replaced IN THEIR ACCTS.

CLOCK HAS TO RUN TO 00:00 IN THE FOURTH FOR ME TO SAY WE ARE zeroed out............That might include LIBOR and most DEFF the "R"" being closed out as JPM still HAS TO PAY FOR WHAT THEY TOOK in the GSA/POR so it will be done

Now if NONE of that takes place then pard we dun been HOSEND AGAIN

But I won't leave the stadium till the game is over
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jhdf51 jhdf51 20 hours ago
Yep.. thank you.

JHD
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BBANBOB BBANBOB 20 hours ago
JHD

"" WMI they would have needed to be disclosed in BK proceedings""

IF it is NOT A DIRECTLY HELD/OWNED in title as an asset of the debtor it can not be used in BK court or even spoken about, as it is OUTSIDE of the reach and has no bearing on the BK case, as it is/was not a solely owned asset of the BK estate............imho and imho JUSTIN PROVED not only were those assets outside the case, but that he COULD NOT EVEN SPEAK of them since WMI DID NOT HAVE DIRECT OWNERSHIP of those ASSETS

Pard all here are entitled to their opinions and I respect your opinion, but even after 16 yrs I am a GLASS HALF ""FULL"" kind of person and have seen to much fighting for over what is supposedly WORTHLESS PAPER, so NOPEY don't make no sense to me at all.......Hell the underwriters had to have spent several mill in fighting to maintain , ""THEIR WORTHLESS millions of Class 19""" even a very principled person fight ofr a just casue knows when it is time to call it quits, and these guys are not TUPID at all....................

.
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jhdf51 jhdf51 20 hours ago
Thanks LG. And why I’ve become more emotional about this is the fact that I I’ve been talking a lot more with my financial folks some strong attorneys I have on my team.
Trying if I can to learn and get to the bottom of this multiple year fiasco.

But safe harbor protections and bankruptcy-remote SPVs aren’t magic wands that hide assets from the court. They’re legal structures used to protect counterparties, not to create undisclosed value for shareholders.

If WMI had a beneficial interest in any of those trusts, it would still need to be disclosed under bankruptcy law — especially in a case this closely scrutinized by multiple federal agencies, courts, and parties.

And let’s be honest — if Justin Nelson had evidence of hidden billions in those SPVs, it would have become a legal fight, not just a courtroom scolding. There’s no record in the docket or the Plan of Reorganization that supports residual value for equity .. at least I don’t believe so.

Regards,

JHD
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Large Green Large Green 20 hours ago
JHD, many people are not aware of certain terms and one of them is Safe Harbor, bankruptcy remote assets that DO NOT have to be declared hence, the terms show that by the names.

WaMu ensured that many of these assets followed the strict guidelines to ensure they are Safe Harbor protected. SG attorney, Justin Nelson almost got sanctioned by Judge Walrath for trying to enter the bk remote assets during the actual bk proceedings of around 30B in which Rosie made fun of and called this The Tower of Babble knowing full well Nelson could not get these assets entered into the active bk case.
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jhdf51 jhdf51 20 hours ago
I was not on the call that day...so I will defer to you on that. You are correct as you have long said..Time Will Tell.

So lead me through this...yes a DST must hold assets but if they were ever legally tied to WMI they would have needed to be disclosed in BK proceedings.
The court approved the plan as final.

hard spelled out EVIDENCE, no IT'S NOT but imho it AINT NO KOWINKIDINK EITHER

Yes thats the problem..its speculative. I have grown tired of it...doesnt mean i don't believe it can never happen but so much stuff to wade through and its been years. Were not getting younger.

JHD
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jhdf51 jhdf51 21 hours ago
Thanks LG... a couple more points..

I understand what you are saying, but sealed filings and redactions are normal part of complex BK cases..and the existence of sealed
docs doesnt automatically mean there's hidden value for equity holders.

Im trying to understand...Are not courts still bound by BK law? If there was residual value for equity wouldnt the court have had to acknowledge it in the POR. Maybe the did and I didn't see it..The POR cancelled equity. Also the WMILT Trust agreement was primarily set up to distribute proceeds to allowed creditors no equity. If equity were part of the dist. waterfall, wouldn't it have to be disclosed on the plan, trust structure or post confirmation flings?

Only certain people know what was amended...yes perhaps, but thats very speculative..If the sealed filings contained recoverable value for equity at some point it would have to show up in trust dist reports...post confirm reports.

Im trying to find some solid glue to make things stick...and for all the years and numbers and nothing to show for it...well its frustrating.

Respectfully,

JHD
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Large Green Large Green 21 hours ago
JHD, you asked the following.

_____________________________________

If something is truly off the books or within a private trust, then by definition there is no legal pathway for WMI equity holders to claim value unless it’s documented in court or included in the Plan of Reorganization. True or false?

______________________________________

I am sure the proof, contractual, and the ULTIMATE agreement information for those who signed timely releases are in one or more of the more than 800 redacted, court-sealed filings.

Further, the simple Amended WMILT Trust agreement was sealed and redacted, so no one other than certain people know what was amended. This, as Alice found out when the Judge slammed her for legally trying to find out details on what we are legally part of, so it's just more corruption on the part of the courts.

...
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BBANBOB BBANBOB 21 hours ago
JHD

How could you document anything in a bk case about possible assets of 1031 exchange to a DST ?
ALSO a 1031 has to have an asset they are exchanging period, and as you know, one can NOT OPEN A TRUST with no assets, unless those assets are pledged to be coming to the trust.........................This was a perfect set up scheme to evade possible seizing of the bank or it's failure and the MOTHER WMI pulled it off excellently and in time we will see just how perfectly they pulled it off.........


""If something is truly off the books or within a private trust, then by definition there is no legal pathway for WMI equity holders to claim value unless it’s documented in court or included in the Plan of Reorganization. True or false?""

SO WMI's DST makes beneficial payments to WMI and they in turn pay their bills just like anyone else does.

I stay grounded 32-8='s 24 of the 86 bill DR A or the 200 bill outside the FDICK's pie chart
Even at he lowest number 24 bill is 2.4 x's face, HLCE for many here.....for others it is a very nice cushion.

The best evidence that there is money left is
1. THE DIPS hold huge amounts of TPS P K( and were caught using INSIDER TRADING) Now to risk it all for worthless paper me thinks not.....................
2. Underwriters hold ONLY CLASS 19 and fought very hard to stay there and spent millions to maintain their positions. SO one would have to believe they are IDIOTS and just throw money at lost causes......
3. Why did TPS fight 3 yrs to get 70/30 changed to 75/25 when it was worthless paper.........
4. Why would anyone change the % rate from 7.75% to 6.875% on a worthless prospectus in a P shares.

hard spelled out EVIDENCE, no IT'S NOT but imho it AINT NO KOWINKIDINK EITHER

Those assets ARE and WERE WMI's and WMI WAS OWNED by shareholders (EQUITY), so we owned them buy owning WMI

TIME WILL TELL AND TIME TELLS ALL and hopefully we will both still be around to see how it turns out.

SHELIA was NOT after an empty bucket when she went before the SEN SUB COM on banking, BEGGING to be able to seize the HOLDCO WMI

And JUSTIN was no rumor if you were on the call that day you would have heard it first hand and he tried 3 diff times
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jhdf51 jhdf51 21 hours ago
Ron..

I’m trying to learn more here. Can you show me the $40 billion you are talking about?

Thanks

JHD
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jhdf51 jhdf51 21 hours ago
And don’t think I don’t want this.. I guess I am worn out from all the speculation.

There have been numbers of $100 plus for common and $30,000 per P and Bill gets upset when I mention the dollars that could bring me and yes I was off a few hundred million so my apology to him though he has me on ignore, which is a wonderful way to not stand up and defend respectfully.

But it’s still hundreds of millions given my holdings.

JHD
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jhdf51 jhdf51 21 hours ago
I appreciate the passion, but respectfully, speculation isn’t proof. Therein lies my problem.

If something is truly off the books or within a private trust, then by definition there is no legal pathway for WMI equity holders to claim value unless it’s documented in court or included in the Plan of Reorganization. True or false?

The bankruptcy court had jurisdiction over all known and contingent assets during WMI’s Chapter 11 process. If WMI was a beneficiary of any Special Purpose Vehicles (SPVs), DSTs, or off-balance-sheet trusts, they had the obligation to disclose that interest under bankruptcy law and failure to do so would be fraudulent concealment, which would have been challenged.

Regarding Justin Nelson — hearsay about a contempt threat isn’t proof of hidden assets. Courts do seal things for many reasons, but sealed does not mean “valuable to equity holders.” If there’s no documentation in the court record of WMI owning or being a beneficial recipient of those assets, there’s no legal claim for equity imo.

Finally, even if WMI were a minor beneficiary of some off-book trust the court already ruled that all known value was insufficient to satisfy higher-priority claims. Equity was canceled by the Plan, and that’s binding unless reversed which it wasn’t.

I’m open to evidence but until someone produces actual legal documentation (not theories), the conclusion remains: no recovery for us. Imo

Respectfully,

JHD
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BBANBOB BBANBOB 21 hours ago
32-8='s 24, DR "A"86 bill, 299 outside the FDICK's own pie chart EXCLUDING WAMU.

Any of these would be life changing for imho the majority here.

AS for the really big numbers, I for one CAN SEE where these could be the true values here, the big QUESTION IS, will we see them..

ALL will be just fine, but SOME will be finer than others

Can't wait to see just how this all turns out HERO OR ZERO
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