Mr Cooper Group Inc (COOP) Options

"Washington Mutual, Inc., and the interests of equity, debt holders or other creditors of Washington Mutual, Inc., are not included in the closure or receivership of the Bank"

Wait. How does one get from this statement saying there's nothing in the receivership for WMI or its former creditors, to a belief that there is anything at all for those creditors? That sounds more like a slamming door.

Please explain.

nhtrader, you are not alone having that hope!

So you are saying....Cactus stated that distributions of there is one does not have to wait for the receivership to close.....it can distribute at any time.....you know he made that statement numerous times.....yet nothing distributed....

From AZ post 666494,

and ... today' ... per the FDIC ? ...

"Washington Mutual, Inc., and the interests of equity, debt holders or other creditors of Washington Mutual, Inc., are not included in the closure or receivership of the Bank"

This is why I believe legacy shareholders don't have to wait for the receivership to close for the trusts to start releasing funds. What the impediments have been I have no idea. But according to AZ, this is the year for the DST's backing the various legacy shares, release the coin. God I hope so!

Wow....very blessed to walk away from a lightning strike.......when you hold on to the base of a bulb does it just light up?????  lol....glad you walked away from that...

BBAN,
Wow, That's a Very Interesting Story about what happened to you and Thanks for sharing...Glad you came out Unscarred & Alive... I guess those who Get 'Hit by Lightning' and Survive obviously go on to Greater Things in Life...

About 8 years ago, My daughter was playing in TX PGA Jr League and as a run-up to the Shell Houston Golf tournament, to encourage budding Golfers, they would pick the League toppers and pair them with two other Professionals playing in the Shell tournament, for a 2-day tournament. She got paired with Retief Goosen (yes, the 2-time US Open Champion!) and as a 'frill' of being a champion Golfer Dad, I got to be her 'Caddy'...Prior to that event, we looked up on Retief Goosen and guess what, He got Hit by Lightning, when he was practicing Golf on the Golf Course, in his late teens in South Africa(where he is from). In an instance, all his clothes got 'blown out' and he was naked and everything on his body pretty much burnt/melted, including a metallic Wrist Watch, he was wearing. As he lay motionless, his Golf Buddy first thought he was dead and Medical Trauma Evac was called and he was air-lifted to the hospital ad doctors were able to save him, despite some severe burns.

Despite being such a Great Player & Champion, Retief is a 'down-to-earth', humble and Very Jovial person and my daughter & I had great time with him. So, when we asked him about the Lighting Hit incident, he jokingly said, God wanted to Spare his life and he was very thankful for that and then he showed his Wrist where the watch had melted and he has a clear 'Round Indentation Mark'. He said due to the intense heat, the watch had melted into his flesh and the Wrist Bone and so left that deep mark.

Despite that harrowing incident, Retief never left his Golf Passion and kept on practicing after turning 'Professional'. For a long time, he was doing so, so ..But when 1990s came, he burst out "Into his Form' out of Nowhere and won 2 US Opens and for the Next two decades, he was consistently among the top of the Leader-board. Just shows that if you are Humble and keep putting in the Effort, you will be successful one day! Getting to see him up close was a Great Experience for me and my daughter.

Let me introduce you to your new Broker. From what I understand they own aproximately 65% of Legacy.


"Looking at client growth core net new assets grew 44% year-over-year to $138 billion, representing a 5.5% annualized growth rate. This is driven by momentum across all three of our client businesses with each seeing strong growth. The momentum in our advisor services business continued from last year while retail NNA increased 50% year-over-year as we moved further away from the final client conversions. At the same time, we also had a record quarter in our workplace business. As we move further away from the Ameritrade integration, our NNA continues to move to our normal historical levels just as we suggested it would. We continue to see NNA from legacy Ameritrade clients grow as we deepen those relationships over time. New brokerage account openings grew to 1.2 million, an increase of 8% over the prior year quarter. We continue to delight clients earning strong client promoter scores in all of our businesses. Clients continue to turn to our wealth, lending and trading solutions, another key measure of our growth as we broaden and deepen relationships with clients. Managed investing net flows increased 15% over the same period last year to a new record with continued strong contribution from Ameritrade clients. We now have nearly $500 billion in assets under management in our holistic wealth solutions, Schwab Wealth Advisory and Schwab Advisor Network. We also attracted record net flows across several offers, including our flagship Schwab Wealth Advisory as well as Schwab Personalized Indexing. Bank lending balances reached $47.1 billion, a 15% year-over-year increase.
Finally, daily average trades increased 24% to 7.4 million for the quarter. Our early April numbers are well above even what we saw in the first quarter. We are the number one firm traders turn to among competitors to report on those metrics and there isn't a closed second as we bring the industry's leading platform, research and education and trader support. When we deliver for our clients, it translates to healthy financial growth. In the first quarter, total revenue increased 18% year-over-year to $5.6 billion and adjusted earnings per share increased 41% over the first quarter of 2024. We are off to a strong start with growth across all key measures for the first quarter. Looking ahead, we remain confident in our ability to accelerate our growth over this year and for the long term, and we believe that is true even in a period of market uncertainty. There are several reasons for our confidence. First, we have a strong competitive positioning. We remain a leader in the two fastest growing segments of the financial services industry, self-directed investors and registered investment advisors. We're number one in total client assets for publicly reported peers, number one in RIA custodial assets and number one in daily average trades. And we continue to receive third party recognition, including being named the number one overall broker by StockBrokers.com.

https://seekingalpha.com/article/4775965?gt=f4567a31aa6570ab

STOX

NO thanks already been there and done that once !!!!!!!! I was at HITLERS HIDE out "THE EAGLES NEST in Berchtesgaden Germany, when I was 16 yrs old.
I was standing out on the patio with my umbrella because it was raining and BOOM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
My mom said she saw it hit me and just turned away in fear knowing I would be dead when she turned back around and all I was doing was cussing like a sailor and shaking my hand yelling more cuss words than a 16 yr old should even know, needless to say MOM was NOT happy about the cuss words BUT SHE ALSO FULLY UNDERSTOOD
Have ya ever touch the cal rod in your oven ? where ya touch it turns snow white instantly, well my thumb was on the shaft of the umbrella and it burned the CHIT OUT OF ME.
Over all was fine but, SHORT OF HOW STUPID IT MADE ME LMAOROTFF

Yes.. good comments stox.

Regards,

JHD

Could this be Project West, Filmore ???????

04/17/2025

NOTICE OF APPEARANCE by Aaron Haines on behalf of Portigon AG, Portigon AG f/k/a WestLB AG, Portigon/WestLB AG, WestDeutsche Immobilienbank AG, WestLB AG, WestLB AG (n/k/a Portigon AG), Westdeutsche ImmobilienBank AG (n/k/a Westdeutsche Immobilien Servicing AG). Filed In Associated Cases: 1:11-md-02262-NRB, 1:13-cv-03952-NRB, 1:14-cv-01757-NRB.

[4560](javascript:void(0))

04/16/2025

SUGGESTION OF DEATH upon the record. Document filed by Ellen GelboimFiled In Associated Cases: 1:11-md-02262-NRB, 1:12-cv-01025-NRB.

LG. Thanks for your response. Yes, David Tepper did sell his WMIH shares at the highest point BEFORE the 12:1 R/S. I shortly followed after him when I sold around 2.78/share...And I was glad I did. Because after that, the PPS of WMIH just cratered. Then I bought back most of my shares atter when they got converted to COOP, and luckily I followed Gallagher & Co buying COOP around $6-7/share. I built up a 3000+ share position in COOP but never expected it would just take off and climb higher like it did. I eventually Sold all my COOP around $60.00+ and so the Profit pretty much covered what all I invested in buying up my P, K & UQ flavors of WaMu.. So, I am around 'Break Even' Net-Net.

Regarding, why all the BIG Hedge Funds 'Signed Off on the Releases' and we are in "Good Company', in that we followed their Actions and are 'Riding their Coat-tails', I am not so sure after All the Shenanigans that went in the Court Hearing on BOP's Motion in 2020. I did not understand the Acrimony they raised about 'Cancelling' our Escrow-Markers...It made NO sense to me al at why they were 'SO Concerned' and 'So Involved', all the Way up to The D'Honble Judge MJW, to "Get our Escrow-Markers Cancelled For Good"....There was definitely something very Fishy with that....Which has 'pushed me' into the Direction of considering in my mind about the Possibility that All the "F&R Promised" Recoveries of us WaMu Retail-Holders might have been "Pilfered Away' by BK & the 'Gang of Four' all through the years from when we 'Signed off the Releases' till when they eventually 'Closed the WaMu BK Case'...

Yes, BBANBOB, all good facts.

LARGE GREEN

ALSO another VERY SOLID indication that he expects the money to come legacy IS THE FACT, that after the election date to participate HE AS WELL SHUT DOWN his Hedge fund and paid all off IN CASH, short of a hand full of SPECIAL PEOPLE, so he could as well not have to share legacy interests with his HEDGE FUND Clients only him and a very select few are still in his fund. BUT ALL HE BOUGHT OUT WITH CASH, THEIR LEGACY INTERESTS GO ONLY TO TEPPER

And I believe he sold 1.4 mill U's to much time has passed

Do not focus on when CBA09 thought the Receivership would conclude, focus on the part that we MAY have to wait until the Receivership closes or is resolved in total before distributions happen. That is the point.

Stox, I believe I can indirectly prove David Tepper released tons of WaMu shares as I remember him selling ALL of his WMIH shares. Many of us were really bummed out because we had been following these billionaires looking for clues.

I could not exactly remember when he sold, but I remember reading he sold ALL of his WMIH shares, and was thinking I should do the same, but did not. I know his sales were the highest in price, around $3.50 plus, which was the highest even for many years after his sale.

I am not spending a lot of time researching when his sale occurred but I know it happened. The following is what GEMIMI says. HOWEVER, my point is that he was indirectly telling us the money would not be in WMIH shares anytime in the foreseeable future. This action indirectly tells us that the big money would be in the timely signed releases. If there was no money coming, then there would be reason to sign releases.

Based on the information available, I cannot pinpoint the exact date David Tepper sold all of his WMIH shares.
However, I can provide some context:

• A Schedule 13G/A filing with the SEC, indicating a change in ownership, was filed on February 12, 2016, listing Appaloosa LP as part of a group that held shares in WMIH Corp. 1

1. 0000905718-16-001145.txt - SEC.gov

www.sec.gov

• Another Schedule 13G/A filing was made on October 1, 2016, regarding WMIH Corp.
• A snapshot of Appaloosa Management's holdings for the fourth quarter of 2016 shows that they still held 7,600,000 shares of WMIH Corp.

To determine the exact date of the complete sale, you would need to review further SEC filings from Appaloosa Management after the fourth quarter of 2016. These filings, specifically Form 13F filings which are quarterly reports of equity holdings, would show when the WMIH position was eliminated.


...

So True...At one time long back till 2015, we were having our Hopes 'Kept Alive'
with All those Promises from our EC and the Goings-on but after that they went 'Dead Silent' and let us just build 'our own dreams', by intentionally I suppose, issuing 'teaser' Dockets, from time to time...

And then, we had that "Sham Hearing' that the Judge Conducted, in response to Ms BOP's attempts to get 'More information', Where the Judge only 'Muddied the Waters More', by stating that the 'BK was Closing in 2020' BUT we never got any Docket to that Effect later on till now...

I guess we are all Jaded by Now, with what all transpired with this Saga... I just Hope that things will somehow perk-up and we get hit by 'lightning' suddenly one day, in a Good sense...because where we are, Things can only 'Improve' unless we get a 'Definitive Communication' from the FDIC-R that it 'Closed Down the Receivership' with nothing to be returned to us Retail Escrow-holders....GLTU & GLTA!

lodas, I am expecting good earnings for COOP next week. I usually see pps move down a few days before reporting and then move up on report.
I just STO 20 contracts May 16 $110.00 PUT and collected $6.50 so cost if assigned would be $103.50 and expected merge value around $143. There is great value doing a longer Oct STO $135.00 PUT and collecting $33.00 but I went short term but will look for Oct PUT soon

"I believe the timing will be twofold:

1) what happens within the finalization of receivership before the end of Sept 2018,"

Before the End of Sept 2018?? Is this what CBA was assuming? We are now past April 15th, 2025! ..Well, At least on that, it seems more like the 'Receivership of WaMu' will NOT End Forever...probably that is by Design, per the Intention of JPMC/FDIC/Fed....

Next week looks good
"Prospectus Supplement
(To Prospectus dated April 10, 2025)
 

 
$2,500,000,000
Fixed-to-Floating Rate Notes due 2031
Issue price: 100.000%
 
$3,500,000,000
Fixed-to-Floating Rate Notes due 2036
Issue price: 100.000%
 
The fixed-to-floating rate notes due 2031, which we refer to as the 2031 notes, will mature on April 22, 2031. The 2031 notes will bear interest from and including April 22, 2025 to, but excluding, April 22, 2030 at a fixed annual rate of 5.103%, payable semi-annually in arrears, on April 22 and October 22 of each year, beginning on October 22, 2025 and including April 22, 2030. From and including April 22, 2030, the 2031 notes will bear interest at a floating annual rate equal to a benchmark rate, which is expected to be Compounded SOFR (as defined herein), plus a spread of 1.435% per annum, payable quarterly in arrears, on July 22, 2030, October 22, 2030, January 22, 2031 and April 22, 2031.
 
The fixed-to-floating rate notes due 2036, which we refer to as the 2036 notes, will mature on April 22, 2036. The 2036 notes will bear interest from and including April 22, 2025 to, but excluding, April 22, 2035 at a fixed annual rate of 5.572%, payable semi-annually in arrears, on April 22 and October 22 of each year, beginning on October 22, 2025 and including April 22, 2035. From and including April 22, 2035, the 2036 notes will bear interest at a floating annual rate equal to a benchmark rate, which is expected to be Compounded SOFR, plus a spread of 1.680% per annum, payable quarterly in arrears, on July 22, 2035, October 22, 2035, January 22, 2036 and April 22, 2036.

https://www.sec.gov/Archives/edgar/data/19617/000119312525082355/d920894d424b2.htm

Quote: "THOSE ASSETS WILL BE THERE FOR THEM TO GO AFTER LATER"
Out of curiosity, who do you think will be going after the assets.....the bk...the LT is all closed and everyone is gone....do you think they will come back and find those assets.....

Happy Easter to both of you if you celebrate it

Gentlemen ... good day to you all.
I have read and glossed over some of your dialogues, sure it is that everyone tries to turn the water to his own mill, but these reasonings are not really what MAY be hidden in the obscured documents.
Perhaps one day, not far away, or even very soon, the darkness will be lifted.
I like to read the news of ...RON. as well as LG and Bob DD and I also find interesting the summaries of Azizona, newflow as well as diamondguru-one, although he is prone to inflate.
Perhaps it is getting to the knots.
Currently, Mr. Trump with his crazy policy is really sending everything into the cliff, he is achieving everything opposite to what he propagated, I make America strong again.
Mr. Trump, retrace your steps and correct your policy, you have been really badly advised.
His advisors who advise him are wrong, but you have a brain, using your own brain is always the best option.
The world markets are at the cliff.
Maybe there is still time to correct ... MAYBE.
This expression of mine is mostly dictated by ..serafino1, he is currently sailing on the ocean .....Timorsee.
Let's hope everything comes together again
Stay healthy

LG

""" WE MAY HAVE TO WAIT UNTIL THE RECEIVERSHIP HAS BEEN RESOLVED!""

Like what we have talked about 100 times, ya don't GET POSSESSION AND KEYS TO THE HOUSE UNTIL THE DEAL IS SIGNED and consummated

And it just makes sense since WE (WMI) are NOT GOING TO RELEASE the FDIC and they in turn will not release us till all is concluded and made right

Hate to say that but hey truth hurts sometimes
I PRAY we are all still alive if not, KIDS/Grand kids and future generations will have a blast and a nice cushion to fall back on if needed

Newflow
What is truly amazing is, that there are actually folks that still can't wrap their heads around WHAT WE HAVE BEEN TOLD and KNOW for facts.

NOW WE KNOW VERY LITTLE FOR FACT, so it makes me wonder how much WE REALLY DON'T know about what is really left

THIS aligns with former poster, CBA09, who was a Certified Bank Auditor and performed the very work that happens when these banks are seized, and not only advised we were GOLDEN but went on to say WE MAY HAVE TO WAIT UNTIL THE RECEIVERSHIP HAS BEEN RESOLVED!

...
CBA09 POSTS FROM THE PAST

On a more positive note, I always remember the IHUB poster, CBA09 who was an admitted Certified Bank Auditor who posted for quite a while answering everyone's questions knowledgeably and professionally. He always said we MAY have to wait until the Receivership is ready to be closed before we see any returns BUT he did say without ANY DOUBT that we are GOLDEN. I will leave by posting some of his posts before he suddenly and mysteriously disappeared without any notice.

Anyone Who Doubts Large Style Money Returning Needs To Read IHUB Post #490806

***Many thanks goes subject matter experienced poster CBA09s following posts***

Ref: So will they just magically make the Escrows worth something then?

Comment:

Shrew professional investors here. Those initial & ensuing Hedge Funds did not invest and release on guesswork. Rather a keen understanding of what assets and rights to assets will prevail beyond the reaching powers of bankruptcy.

It seems many here are down to a glimmer of hope, from once having high hopes. I have been primarily silent. Why!?! No need to focus on the daily PPS. It is of no concern to me.

Do you believe these Hedge Funds & Institutional Investors are concerned with the daily PPS? Of course not, they are inured to its daily movement and the postings on this Board.

Those who have their ticket punched, namely releases, take note that you are joined in the company of those in the know. Knowing the "Final Outcome."

The key here, I strongly contend, is outside the waterfall. So those assets shielded from the Trustee's reach as follows:

1) SPE / Trusts assets ( The parent is WMI )

2) Abandonment of Stock. ( As any future value goes to WMI and is not included as an asset of the estate).

The following post by CBA09 (#490902) is also another great compelling, experienced view by a certified bank auditor such as him:

"Ref: Any idea as to timing? Are we looking at sometime before or after the end of 2018?

Comment:

I believe the timing will be twofold:

1) what happens within the finalization of receivership before the end of Sept 2018,

2) That what happens outside of the receivership, specific to Bankruptcy remote entities - SPEs. This, I strongly believe, is where the lion's share of recovery will come. Each SPE / Trust is governed by the expressed language of each PSA. There a many and most likely many have reached ripeness while others continue to carry out payment compliance to investors/certificate holders.

These stand-alone SPEs have many accounts that keep separate various types of revenue. I know from first-hand experience the amount of retained assets within can be massive. Many Trusts have 6-7 tranches with 10's of Thousands of loans in each tranche.

When a given Trust's PSA has completed its fulfillment to certificate holders a provision called "Accounts Removable" takes place. But before the actual removable is initiated a reconciliation of "Retained Assets" takes place. This is the vouching of reports to $ in the captive cash accounts along with any remaining "Over Collateralized Pooled Receivables." Then a true-up, namely $ distribution is performed by the Master Servicer. Here, from my experience, the Holding Company (WMI) would be the receiver of these retained assets.

Now the question is when will this happen. Since this is outside of Bankruptcy it could have happened with each fulfillment of PSA. Then again it could be ( for completed "True-ups" ) in tandem with the finalization of Receivership. Then of course, as those that meet fulfillment, a payout is accordingly. "

**********SOLID POST FROM CBA09****************

Now To Me - The Following Tells The Entire Story Except When

GOOD REVIEW FROM CBA09***From a Certified Bank Auditor-Subject Matter Expert
CBA09
Sunday, 01/14/18 03:41:16 PM
Re: LuckyPanda post# 503177
0
Post # of 531409
Ref: CBA09, if safe harbor rules protect the assets to pre-bankruptcy ownership then its distribution should not apply to POR7. Does that mean escrow markers are moot? Will all Wamu shareholders receive a distribution including the non-releasing ones? Thanks in advance for your input. I have been wondering about this for some time.
Comment:
Liquidation of assets involves two distinct assets:

1) Property of the Bankruptcy Estate - (Por7 applies).

2) Non-Property of the Bankruptcy Estate - Safe Harbor Assets ( regular bankruptcy code procedures/priority apply).

While the above two are distinct in nature "ALL" residual interest will go to Escrow Markers. So, no, not moot. Escrow Markers are the legacy shareholders. Thereby, having final legal standing and in turn sole contractual rights/title in residual interest.

Ownership Chain -
WMI owns the assets of WMI and in turn, has legal title to all the assets of its subsidiaries. Shareholders of WMI have legal title to all the assets of WMI. All assets that end up in WMI through its subsidiaries are thereby assets that WMI shareholders have legal contractual rights.

Por7, through its declarations, has addressed the distribution of liquidated Bankruptcy Estate Assets. All residual interest of estate assets will go to Escrow Markers per the 75 % / 25 % allocation.

Since our Safe Harbor Assets are outside the bankruptcy estate, those captured within SPE/Trusts will follow each respective Pooling & Service Agreement (PSA) provision. Generally, it's the Parent that receives cash flows of residuals. Note, SPE# 1 creates the SPE# 2 /Trusts, SPE 1 are many times direct subsidiaries of the Parent. And, SPE # 1's have a great deal of involvement in the residual interest of SPE # 2 / Trusts.

In a solvent entity, shareholders cannot force a distribution. A Corporation, through its board, has to declare a distribution of its profit before shareholders are to receive any distribution in the form of dividends.

PSA are compelling and indivisible - only one end stop - Escrow Markers.

The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine. We also have in their[url][/url][tag]insert-text-here[/tag] part (b) of what is to be retained, and that is because, in negotiations that we had with all of the settling parties, with the equity committee last week, with the FDIC, we did talk a great deal about the concept of the retained assets.

Now, it's my position, Your Honor, that the examiner doesn't need to know much about the retained assets other than to say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through. However, I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.

***The following from Large Green***

BK/SAFE HARBOR REMOTE ASSETS DISCUSSED IN COURT

*The Holy Grail*RETAINED ASSETS*YOUR HONOR*They Will Still Be There*

The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine. We also have in there part (b) of what is to be retained, and that is because in negotiations that we had with all of the settling parties, with the equity committee last week, and with the FDIC, we did talk a great deal about the concept of the retained assets.

Now, it's my position, Your Honor, that the examiner doesn't need to know much about the retained assets other than say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through. But I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.


xxx

Aligns with Mr.Folse's comment that $30 or more Billions in cash paid out by somebody somewhere down the road.IMO.

Seems to indicate what one could consider ""A REASONABLE DOUBT is left open.
And that also goes along with the statement THOSE ASSETS WILL BE THERE FOR THEM TO GO AFTER LATER

upon resolution of the receivership of WaMu - Game is not over yet, IMO.
Page 5/10
https://www.fdic.gov/foia/plsa/10015-wamu-sierrapacific-2022.pdf

That's because the suit was rescinded...hosen only filed the suit to get them to the table..

Only 3 TRADING DAYS until COOP Q1'25 earnings (pre-market)

See: https://www.businesswire.com/news/home/20250409358761/en/Mr.-Cooper-Group-Inc.-to-Release-First-Quarter-2025-Financial-Results-on-April-23-2025

Yes WMI sued the FDIC for $307.02 Billion for “WMB and its assets”.

Documented!!

So where is this documented? Why can’t you show any evidence for this massive lawsuit?

Yes I Fully Understand That You Can’t Answer The Questions.

But, yes the MB needs to see the history of this Bankruptcy.

WMB was totally Solvent.
~+$40 Billion in cash reserves.

That is why WaMu is going to make you happy.
Yes this has taken too long.

LIBOR/CDS Derivatives are due to pay up.

Fun chatting.

Yes I have answered all of the questions that I have asked of others like you.

The document history and numbers proves me right.
I’m not bragging. I have done my homework a long time ago.

I racked the numbers in a spreadsheet.

Ron

The Documents Are Not Done.

We Are taking about a Bankruptcy.

Not the stock market.

Again;
Please tell us about Document #5885 fn 2?

The 363 Sales?

Retained Earnings?
After running so many businesses you surely should be able to understand the February MOR.

WaMu is going to make you very happy.
Yes this has taken too long.



Ron

Guarantee....again as I said it will hit 130 and above before any distribution occurs or any of your theories will happen....I don't even have to guarantee it as it already happened once and as expected it dropped....

Please Tell Us About Document #5885?

Or the 363 Sales.

Or your release regarding 41.6?

You have a lot of time to post.
But you have never posted anything related to the documents or the history of the numbers.

Yes WMI sued the FDIC for $307.02 Billion for “WMB and its assets”.

Documented!!

Not my problem that you were not reading the documents.



Ron

You are collapsing nuance into oversimplification. Derivatives are a broad category—not just ‘naked options’—and many are fully collateralized, hedged, or centrally cleared. Since 2010, they’ve been regulated under Dodd-Frank with margin requirements and clearing mandates, so the claim they’re ‘totally unregulated’ is outdated at best, misleading at worst.

Throwing out notional values like $363 trillion without context is fearbait. Notional exposure doesn’t equal risk—market value and counterparty structure do. The real gross market exposure is a fraction of that, and risk is spread across institutions, not concentrated.

And no, JPMorgan isn’t bankrupt. They’re the most profitable bank in the U.S., with record earnings, a fortress balance sheet, and the capital ratios to prove it.

You might be passionate, but that’s not the same as being accurate. Let’s keep the conversation grounded in fact, not bravado.

JHD

Derivatives are Just Naked Options.

And totally unregulated.

The Derivative Market is out of control.

The last number that I saw a year ago was $363 Trillion in Notables.
Five times the GDP for the entire planet!!

$83 Trillion in 2008, and JPM was the writer of 57% of the contracts.

Yes I have done my homework.

JPM is still bankrupt.



Ron

The FDIC Disagrees With You.

According to the FDIC “WMB securitized $2 Trillion in RMBS of which $500 Billion was sold to F&F”.

Now do the math;
11.9% losses according to Globic.

Need help with the math?



Ron

Libor impacted many financial instruments, but tying it directly to WaMu’s bankruptcy claims or escrow assets requires a far stronger chain of evidence than you have provided.

JHD

I Have Completely Proven With Documentation.

Too Bad you were not reading.

#5885.
41.6 “Willful Misconduct”.
February MOR.
Preferred Performance Payments.
And more.

Others have opinions, but none have proven me wrong.
Yes I have proven myself right many times.

You; Please tell us about the Derivative Market of 2008.

I have!!
LIBOR is a direct proof of CDS Derivatives.



Ron

Dragoon76, Thank you. I appreciate your response and you are also, very welcome.

Pick is a lover of the present instead of some dream towards the future.

He makes much more sense than you.

JHD

Guarantee or Just Your novice Bet?

Guarantee??



Ron

jhd, You Have Again Proven that You Don’t Understand.

The Documents.
RE, RA, … as stated.


Why is it so important to you to be so negative.
The simple documentation provides you with the necessary information that you are in the money.

Guaranteed by the Court.


Me… I just the reader.
Plan 6 LT for We.
Plan 7 was just for the Creditors that are all paid.



Ron

I bet coop will hit 130 again before any disruption happens....for old escrows....

No one can guarantee anything… no one can guarantee you that escrow is gonna get a thing. If they do they are a liar.

Mr. Cooper crew can’t guarantee tomorrow …rocket can’t guarantee what they’re gonna do once they assimilate redfin and Mr. Cooper group… I couldn’t guarantee even though I thought that my life would be great my wife would be healthy the rest of my life and she’s not.


Meaning? Life offers NO guarantees.


JHD

Can You Guarantee COOP will be above $130.


SOON?

COOP is only a mortgage servicer.



Ron

RE, RA, LIBOR. FDIC/JPM.

#28 WMIIC.
#29 WMI.

RE/DCR, DST*
RA/DCR, DST.

* FDIC WMB Receivership Claims.
WMI sued the FDIC for $307.02 Billion. The Dual Track in DC Court.
Adjusted FDIC numbers after ~$8B came back to WMI.
“$299 Billion for WMB and it’s assets” and liabilities have been accounted for.

Arithmophobia?
I’m not afraid of big numbers.



Ron

But Cactus has guaranteed a distribution now that he claims Coop no longer matters....distribution soon so he says......