Mr Cooper Group Inc (COOP)

[AZCowboy]

... Piers' have a different advantage ...

The way I currently see things, ... After a thorough study of the FDIC-R (s) procedural responsibilities to the WMI estate, and as I have previously stated many times before, .. I believe the bankruptcy and its issues will finalize quite soon' ... again leaving the last creditor class (piers) impaired ...

Okay, now having said that, and regarding my recent studys of the FDIC-R (s) procedural obligations to the estate ... That would allow the BK court to save face' and still allow the piers possibilities' ...

The FDIC "R" in all instances, places itself right above any general unsecured issues when finalizing a debtors estate' ... In our case that is Tranche 5 or Rule 510 (b) issues ...

"R" will take into consideration, any creditor classes that have been left incomplete, FIRST' ... So, if the BK finalizes leaving the last creditor class impaired (piers) which is how I see this moving forward, ... the Piers will have an opportunity to file within "general unsecured" against the finals of the FDIC' and within the Tranche 5 finalizations ... After studying this over the last 10 weeks or so, these FDIC procedures will provide a pretty good chance for the piers as a creditor class of being completed to their dictated recovery amount by "R" ...

(I DO NOT see the bankruptcy court or the current status of the Liquidating Trust to be in a position to get that done')

This is how I percieve the procedures to work ...

Once a person can separate the WMI Bankruptcy Issues ... which was settled with the 4b + 3B in cash' from the FDIC's Procedural responsibilities regarding their seizure of WMB (the bank) ... things begin to make sense'

I Hope that I made sense' to you all'

AZ