Mr Cooper Group Inc fka COOP

[muyuan51]

boarddork,

you stated:"...(A)nd WMIIC bk#1 residue just comes straight from dissolving WMIIC to holders as cash, skipping WMILT, not 75/25. Preferreds at their limit (you mean face value ?), and remainder to commons ?"

I was playing a little bit with numbers ... any idea about the value for every single WAMUQ - ESCROW if for example
$ 40,000,000,000 are acquired from dissolving parts of WMIIC ?

Here we go: $ 40b - FV* Cl.19 $ 7,090,243,125 => remainder to Cl.22, Commons $ 32,909,756,875

Commons released: 1,194,340,178


The value of 1 WAMUQ-ESCROW in my example would be$ 27.554760 !!

So, yes, you are on topic with "a new quantum leap " !
I'm convinced that Mike W. is a very clever guy !
I'm convinced that the 2 (two) bankruptcies were displayed to perfection !

So, what else can I do than LOVE MY WAMUQ-ESCROWS MORE & MORE ?


* FV = face value