Mr Cooper Group Inc (COOP) News

I was just RE=AFFIRMING, since YES you have said this multiple times

Just like the campaign of joy and bought celebrities 

Corn Pops reality was getting lost in the closet......lol

So then are you implying your hero, Joe Biden, was connected to reality?

This Isn’t New Information BBOB.


I Proved with links on BP long before I was kicked off.
JPM Series Z (same as WMI Series R) made a performance payment at the end of the year of $220-$230, and two interest payments of $34.

Series R made a similar performance payment and two interest payments of $36. The interest payments went away.

+2.2 X for Performance Payments, and ~2.5X from RE.
~4.7X FACE.




Ron

Wow. That statement is as disconnected from reality as Trump is.

Yes if that. My opinion is any dollars leads to further inquiry about more so there will be none. Imo

JHD

The actual FDIC statement re its cost for the WMB resolution (zero):

On September 25, 2008, the Federal Deposit Insurance Corporation (“FDIC”) was appointed the Receiver (“Receiver”) of Washington Mutual Bank ("WAMU"). The Receiver transferred substantially all WAMU's assets and liabilities to JPMorgan Chase Bank, N.A. ("JPMC") pursuant to a Purchase and Assumption Agreement dated September 25, 2008 (PDF) ("P&A Agreement"). WAMU, which was the largest failure of an insured depository institution in the history of the FDIC, had $307 billion assets, $188 billion deposits, and over 2,300 branches in fifteen states when it failed. The resolution of WAMU through the P&A Agreement was completed at no cost to the Deposit Insurance Fund.

If that is the case, FDIC mentioned that they have to pay around $69 Billion eventually towards 2008 crisis, ie around $29 Billion, close to $30 + Billion Mr. Folse mentioned in the court that somebody would pay in cash to estates somewhere down the road.

Tell me what that I posted is BS tia

Or are ya just gonna be a hit and run sort

What’s funnier is that you’re an idiot.

BoobJOB please stop with your BS

Panda
"
""""According to ChatGPT, the main Libor trial date is set to being Feb of 2026 in London and is to run for 19 weeks...so ending in June 2026."""

This is ONLY if they don't settle before that and I feel all will settle and not take a chance in court

PANDA
I said yrs ago
""THEY WILL PAY US WITH OUR OWN MONEY and WE WILL THINK WE KICKED THEM IN THE TEETH""

DISRO

"$87,000,000,000 compounded on a Yearly basis over the course of 17 years at a 1.95% interest rate would be worth:

$120,809,799,779

Now take into consideration that this IS JUST THE FJR rate and imho has NOTHING to do with what the DST is receiving in interest loaning this out at say 4-5%

Remember we DROPED the 5th taking part of this case and imho that was a slam sunk, so THE FDIC needed to pay so the FJR is part of their payment and I still suggest that distributions(RETURNING OUR OWN MONEY) could very easily be a TAX FREE transaction since they are REALLY ONLY GIVING US BACK WHAT IS OUR and how can they justify taxes us on the return of our own money

Ron
""Series R Holders? 2.5X from RE exceeds back interest, plus more than 2.2 in performances payments from your/mine Preferred Funding.""

So with this statement are you suggesting 4.7 x's face using your calculations

TRUE DAT

It's kind of funny — I just posted the actual facts (easily verifiable on Wikipedia), and now everyone's pissed off

Depends on who gets involved... If God does you are way low on what on what releasing WMI shareholders will receive...

Wamu bank's assets made up 42.6% of the $721B total assets in the 39 banks taken over by FDIC.

So technically, 42.6% of the $400B Libor lawsuit final settlement belongs Wamu receivership. So max $170.4B.

However we would be lucky if the final settlement amounts to 5% of the lawsuit.

So realistically, $8.5B is the final outcome for Wamu from the Libor lawsuit...which will go towards paying off the $13B bank bonds.

By comparison the top 7 banks paid a total $6.59B total fines for manipulating Libor. These are a separate payment for lawsuits brought by various regulators for criminal trial. This is not related to the $400B Libor civil lawsuit by FDIC receivership on behalf of 39 failed banks. So 5% final settlement of $20B is about the max ballpark range realistic expectation when you compare it to the $6.5B criminal lawsuit settlement.

Again, I dont expect anything from the Libor lawsuits for common shareholders. Our $87B will come from the loan portfolio intersts collecting in remote bk.

When? June 2027

According to ChatGPT, the main Libor trial date is set to being Feb of 2026 in London and is to run for 19 weeks...so ending in June 2026.

The FDIC should close the receivership shortly after. So give about 1 year max after for remote bk assets to distribute

We are looking at June 2027 latest...unless the Libor trial date gets delayed.

Within 1 year after FDIC receivership closure is the answer to your $87B question

So far only 3 banks have settled in the $400B Libor lawsuit cases for a measly $33.5M. The cases have been filed in 2017. This is according to ChatGPT. I dont think we will get more than $1B max...just enough to pay the lawyer fees at FDIC. This whole thing is a show trial. Just end it already.

Get the receivership to close

We will get our $87B from our own money...the interest collected from our loan portfolio in remote bk

My only question ......W H E N ?
My Wish before .........01-01-2050.

Apparently there's a connection: Dr. Alzheimer and DJT have the same birthday 🤣

We are going to be paid from all of the interest over all of years and JPM won't lose any money from what they stole. 

Quote: "WMI sued the FDIC for $307.02 Billion."
And got nothing....but hey trillions coming back!!!!

Everybody gets a toaster and coffee kettle...

If you had put a nickel in your savings account when you were a kid, you'd have some thousands by now. But that doesn't mean legacy escrow holders are getting a single penny.

Compound Interest Calculator https://www.davemanuel.com//compound-interest-calculator.php

$87,000,000,000 compounded on a Yearly basis over the course of 17 years at a 1.95% interest rate would be worth:

$120,809,799,779

How come all these predictions of rillions never include a free toaster? We'd be lucky to get that, to split between all of us.

The MB Finally Overcame Your Arithmophobia.

The fear of large numbers.

WMI sued the FDIC for $307.02 Billion. WMI knew the value of WMB and its assets.

About $8 Billion came back from the Turnover and the TPS Exchange Event reimbursement.
The FDIC is right;
$299 Billion for WMB and its assets.

Now 41.6 “Willful Misconduct” civil RICO.
JD was facing a 3X ruling and a massive stock price crash from a ruling.
IMO JD settled at 2X.


Dr. A’s goal was to show that WMB was Solvent using very conservative methods. 7.8 TIER One rating according to JPM.
JD would love to pay Dr. A’s number, and would have done long ago.

Please tell me where I can get compound interest?

Simple interest at FJR.

Dr. A;
$87+(87*.0195* 17)=$115.8 Billion.

Now using FDIC ~$300B number and 2X for 41.6;
$600+(600*.0195*17)=$798.9 Billion.
And very conservative!

Now add into the TBTF banks the CDS obligations.
I have given you the numbers.
TBTF needs SWF help.

I’m getting tired of wiping because I have posted the numbers before;

• According to US Treasury in 2008 the Residential mortgages of $13 Trillion.

• I’m waiting my time explaining numbers that struggle to count fingers, or to people that don’t read.

• My thesis has changed very little. 75/25% is NOT GLOBAL.
Series R Holders? 2.5X from RE exceeds back interest, plus more than 2.2 in performances payments from your/mine Preferred Funding.




Ron

It works for me. From the same site :
$635,000,000,000 compounded on a Yearly basis over the course of 17 years at a 4% interest rate would be worth:

$1,236,916,814,678

"it wont take 635,000,000,000 at least for me, it won't compute"

Just use the 635. You know it means billion.

$87B. I'm just going to visualize Dr A's estimate

it wont take 635,000,000,000 at least for me, it won't compute

SORRY 635 BILL NOT MILLION

so interest is about $139 BILLION DOLLARS alone after 17 years ?????

$4,27 per "U's" ???each...........Dammmmmmmmmm

Compound Interest Calculator

https://www.davemanuel.com/compound-interest-calculator.php

I think years ago

OK then take the 147 bill at 4% compounded annually for how ever many yrs that was ago and SEE WHERE THAT GETS YA

MONEY AINT JUST SITTING DOING NOTHING PARD

IF that is ALL THERE IS yeppers AND UNLIKE MOST HERE I WAS PRE @ 6.47 per U.

Just take 635mill X's 4% compounded annually for 17 yrs and tell me where ya get to,
END OF COMMENT

WELL NO CHIT SHERLOCK, well aware

Do you love the KING?

I think years ago, someone calculated the run off portfolio value to be like $147B. So I think that would be the upper limit.

Would you be happy with $147B instead of $1T? 😀

Gotta reach for the moon!!!!

Ahh, Bob?

A trillion is a 1000 billion.

$87B as that's rhe value Dr. A testified in court.

I would suspect that he has a fare better idea than either of us do
And I would be most hap hap happy with the 6.4 x's face left after giving U's their 21 mill
ANDDDDDDDDDD I will go out and stretch to the 299 outside the pie chart from the fdick

But I have always attempted to stay grounded with my expectations on this thing

But I DO ALSO SEE where it could be a trillion or more, just not holding my breath for that, but I can see it

I'm not sure about $9B x 17 because the portfolio loans are getting paid off or refinancing. But Conservatively speaking, I'm confident in at least $30B but most likely $87B as that's rhe value Dr. A testified in court.

Stox , I agree we are on the cusps of something. Wating for the !7th and the meeting between Bissett, atkins and ?

Sorry Stox, but Libor may have settled many cases, it is not over, and may be most of the rest of this year, and then may even be later.

...

Our main pot of gold

That's a very apt description of what the Believers are chasing: the mythical and non-existent pot of gold at the end of a rainbow.

A much more realistic and tangible payoff would be buying a box of Lucky Charms and gorging yourself to happiness.