Mr Cooper Group Inc (COOP)

[AZCowboy]

Just some rough numbers since the 12/31/2013 filing of the 10-K, as of the 10-K the RON's were roughly valued at 106m (81m first lien & 25m second lien) now calculating that the Trust will distribute the RON's to LTI Piers holders on the 1st of May, as stated in the 10-K, and taking into consideration roughly 23m piers securities ....

Each piers security held would (again roughly) generate a distributed RON' valuation for the upcoming distribution in the neighborhood of a RON value' of $4.60 per and the maintaining of the note until the 2041 maturity date

Or obviously a holder of the soon to be distributed RON's would be in a position to sell their individual received asset

The recent finalization of United Guarantee, since the 12/31/2013 10-K filing, will also play a part, however, I would need more information regarding that transaction before making a comment

I am sure their are many Piers holders that frequent here that may want to comment further, as I am sure they would have done a bit of DD prior to becoming involved with their individual purchase

I don't own any of these securities, however since their finalization is directly related to equity, I follow them closely .... Or Well, I probably won't past the May 1st distribution, but just sayin

AZ