Mr Cooper Group Inc (COOP)

[Large Green]

SEE 8/01/2012 Amended 8K Filing

- NO CAP FOR ALL FORMER PREFERRED SHARES NOW CONSIDERED EQUITY BY LIFTING APR, DB/JPM/FDIC CA Case, WMIH-Corp, WMILT, Piers, Escrow Shares, NewCo/WMIH Shares ALL Tied Together at the Hip

Let us look at the actual August 01, 2012 8K filing that discusses this 75/25 issue. Annex C which is after the 2/24/2012 court approved POR 7, and after the March 19, 2012 Effective Date.

https://www.sec.gov/Archives/edgar/data/933136/000090951812000255/mm08-0112_8k.htm

Annex C - Item 1.01 Amendment of a Material Definitive Agreement.

Annex C to the Agreement was revised to clarify that holders of Preferred Equity Interests and Common Equity Interests will be issued Liquidating Trust Interests in Tranche 6 on account of those interests when Tranche 2 through Tranche 5 Liquidating Trust Interests have been satisfied in full, AND that the distribution to Tranche 6 will be shared 75% and 25% pro rata between claims on account of Preferred Equity Interests and Common Equity Interests, respectively.

Tied ALL Together – My Expectations Due Important Dates – WMIH-Corp 8K Filing Near

Let us look at the following and once one sets emotions aside then looks at the facts only; then one can see much more clearly that the “beginning of the end” will start in calendar year 2017 possibly between now and mid-July/2017.

1. The parties await further developments in the trustee instruction proceeding. The Petition hearing remains on the court’s schedule for June 16, 2017.
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The "instruction proceeding" (above) relates to the case in the Superior Court of the State of California, County of Orange, Probate Division (“court”). (Case No. 30-2016-00892014-PR-TR-CJC)
* USCA-Case-15-5322Doc1642159-Filed2017-0413.pdf

2. I view the California case as a rubber stamp that may happen (could be before) in June 16, 2017 that MAY be required before WMIH-Corp can move forward. In my view, JPM is set to receive 650 million within ten days of the rubber stamp and nothing will move forward until JPM gets their money

3. If Piers (Piers are part equity/part creditor in tranche 4) are paid off if full, I expect we will see many actions happen simultaneous (or within 4 business days) to this event including LTIs issued to Equity Escrow Holders. While Piers are legally separated, I believe many actions will happen very close together while it is also possible Piers will be left impaired to give this bankruptcy case some legitimacy

4. June 01, 2017 two Board members resign in total while one of KKR’s key Executives will take control of WMIH-Corp moving forward while Gallagher & Fairfield remain with Thomas Fairfield being President and COO. These two Executives are distressed debt experts

5. June 01, 2017 is WMIH-Corp annual shareholder’s meeting

6. As long as a Qualified Acquisition (QA) is accomplished (minimum of 450-million-dollar purchase) by year end 2017 resigning board member Gene Davis, Fairfield & Gallagher and others will receive their vested shares and you can bet they will get them in my view

7. Mid Jan/2018 the 600-million-dollar preferred B offering needs to be extended, fully returned to investors and/or replaced with other funding

8. For the reasons and facts, I look forward to positive events happening between now and the first part of July/2017 and no later than fourth quarter year 2017.


Have I told you lately how much more I really love my Escrow Shares that continues to grow immensely every single day forward?