Mr Cooper Group Inc (COOP)

[Large Green]

BBANBOB, let us look at the actual August 01, 2012 8K filing that discusses this 75/25 issue. Annex C which is after the 2/24/2012 court approved POR 7, and after the March 19, 2012 Effective Date. I take 8K filings very seriously. I will also put out what I witnessed/thought during the time-frame of January through February of year 2012.

https://www.sec.gov/Archives/edgar/data/933136/000090951812000255/mm08-0112_8k.htm

Annex C - Item 1.01 Amendment of a Material Definitive Agreement.

Annex C to the Agreement was revised to clarify that holders of Preferred Equity Interests and Common Equity Interests will be issued Liquidating Trust Interests in Tranche 6 on account of those interests when Tranche 2 through Tranche 5 Liquidating Trust Interests have been satisfied in full, and that the distribution to Tranche 6 will be shared 75% and 25% pro rata between claims on account of Preferred Equity Interests and Common Equity Interests, respectively.
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***WaMu***Sunlight – The Best Disinfectant

There have been credible posters discussing whether the cap on former WaMu Preferred (WAMPQ-WAMKQ) is partially lifted until preferred are paid face value plus interest with the remaining estate value going to former WaMu (WAMUQ) common shareholders who released. This or whether the 75/25 split remains intact from the beginning of any potential Tranche Six equity payout all the way through to the end. Here are some thoughts since this has been discussed.

I have always thought the math formula that we were advised of sometime in Dec/Jan of year 2011/2012 before the deadline to release which was around the first week of February 2012 was suspicious like advance information of a pending merger of sorts. Why would the tell us in advance? My initial thoughts were always to avoid potential future litigation BUT maybe not? So here are some thoughts to ponder should former WaMu preferred only receive face value plus interest.

• Willingham initially owned 200,000 former WaMu common at .20 per share

• Willingham was Chairman of the Equity Committee also part of WMILT at one time

• David Bonderman in early 2008 owned with his Chinese partners 8 billion in preferred

• Of the 8 billion in Preferred Bonderman’s share was 2 billion

• In May/Jun 2008 David Bonderman converted his WaMu preferred to common

• Bonderman in Jul/Aug dropped his return demands should WaMu ownership change

• Bonderman controlled over 40% of old WaMu common-A WaMu Board Member until 12/2009

• Dec to Jan of year 2011/2012 Equity was informed of the math formula concerning 75/25 split

• Two months of court Mediation ended 12/2011 with Susman/Willingham being elated

• The 75/25 split was for all monies coming into WMILT or recovered from 3rd party suits

• The deadline to exchange former WaMu with signed releases was around 2/8/2012

• Walrath refused TPS in court approved 2 months of Mediation citing Equity represented by SG

• Only 2 people from Equity were allowed in Mediation - Edgar Sargent and Mike Willingham

• TPS refused to sign on to the plan which could have taken this case into litigation morass

• TPS was allowed court approved discovery on Equity/Susman in his Houston offices

• TPS did discovery on Equity around the third week of Jan/2012

• Shortly after TPS did discovery on Susman TPS got a “peek” behind the curtain

• ALL investors knew all former WaMu securities were to be CX any day in late Jan/Feb/2012

• Hundreds of millions of old WaMu common were being traded - knowingly to be cancelled

• Seemed like massive Insider Trading happening from point of TPS approved discovery forward

• Did TPS tell other Hedgies involved with this to purchase commons from what they learned

• If they did tell the other Hedgies involved they too would have purchased tons of old commons

• They would have been purchasing old commons for the soon-to-be issued Escrow Shares

• If this goes down where ONLY Preferred get face value plus – This will be WRONG-bad faith

• SG/Willingham would have known the remainder of the estate would go to former old common

• They would have known this at the end of the 2 month Mediation which ended 12/2011

• The 75/25 BAIT coerced investors into Piers/Preferred over old common = intentional/bad faith

• Obviously, then TPS with a “peek” behind the curtain would have also known

• If 75/25 does not hold all the way through – Hire Legal Reps –

• Then PULL ALL trading records for ALL involved from Dec/2011 through Mid-February 2012