Mr Cooper Group Inc (COOP)

[AZCowboy]

~ IMO ? ... Everyone Will Do Well ~

the newco, WMIH shareholders and the WMI legacy tracking marker holders alike' ... Everyone' waits together, ... I believe everyone will ultimately do well ... all facets of the original - WaMu - will play a role moving forward ... these are my conclusions,

... The "asset value" and "equity value" of the Original Debtors WMI Estate, will begin to need to be finally coupled together ... a multiple action, as the pps grows

... initially, a value' (legacy equity owns WMI') for stock' (WMIH shares) event' ... and then' ... a WMIH forward split' ... prior to any "qualified acquisition" ... (a qualified = 450 B's (B Preferred Shares) transitioning or more)

another factor is the BOD's, which now includes G&F, ... which continues to be extremely lopsided ... (1,777,778 @ 2.25 = $4 million) ... (current BOD's has roughly between 350 - 400 thousand each, ... a far cry from the 1.7 million to be awarded to F&G ... at some point, the BOD's share ownership of WMIH will reasonably equal out')

... will a qualified acquisition happen ? ... yes, probably, ... but not until the BOD's ownership is equaled out

also, ... if the PPS drops below $2.25 ? ... G&F get more shares, but the ending reward doesn't change (shares, not cash)

AZ