Mr Cooper Group Inc (COOP)

[tcr7309]

To those who continue to send me pm, they are appreciated but I can not respond to them through pm. So, the question at hand is why am I so sure that escrows are out of the money.

It's simple, because the examiner said so in his report.

" The examiner finds that it is highly unlikely that there is any scenario which will result in substantial distribution to shareholders".

In the footnote it also states that note holders made a killing because they bought for pennies on the dollar. It also states that many shareholders bought for pennies on the dollar as well but will be out of the money.

The problem with shareholders being in the money vs noteholders is simple, note holders are higher up on the waterfall and are expected to get paid in some bk's whereas shareholders are frowned upon to get paid so no one fights for shareholders and that is exactly what our situation is and that is why the waterfall will stop above escrows.

One person asked me, do I think p's have a chance. I think there is a small possibility again per the examiner report but unlikely.

On a positive note for us p holders, if a lawsuit if filed on our behalf it would not surprise me if jpm and fdick-r eventually settled for a billion $ or so. That would give p's about 125$ per share.

BUT AGAIN, NO LAWSUIT, NO CHANCE OF ANY RECOVERY WHATSOEVER.

all imo