Mr Cooper Group Inc (COOP)

[AZCowboy]

~ ItsMyOption, Oh Sure, Quite Easily ~

Here, maybe this will help, ... a class 19 security originally issued by WMI' does not have a maturity date' ... they are prospectus designed to continue to accrue interest until, under a normal circumstance', the issuing company is able to address the security in a forward moving manner, or convert them to common shares' ...

Our Own Class 19's have been accumulating their prospectus associated interest (7.75%) ever since the 2008' seizure and subsequent BK filings, ...

Then ? ... the Court assigned FJR (1.95%) to be paid ... "on your claim" ... NOT ... "included in your claim" ...

So, a Class 19 Security, has now been accumulating its prospectus designated interest since Sept of 2008, now to the present tense, ... and then ALSO, since your claim has not yet been paid ?, ... there is an ADDITIONAL FJR Court assignment back to the March 2012' Plan Implementation Date' ...

So, ... Yes' ... a Face Value consideration ? - oh yeah' - that ? and then some ... just consider the magic of an amortization table (twice' ? applied and compounded ?) ... 7.75% calculated from Sept 2008' and then an additional 1.95% calculated from March of 2012' to your eventual claim payment'

Yes, Like You, I also hold both classes ... class 19 preferreds and class 22 common share uq's ... at a 51% / 49% ration ... plus, I got interested in the WMB Bonds, the class 17 subordinated debt' ...

truly, its all good, ... the WMI Estate is a Financial Leviathan ...

AZ