Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Diamondguru, Well ? Lets See' I'll Try To Answer ~

First, I appreciate that you acknowledge that these are my own conclusions and opinions as a direct' result of MY OWN study and research of the entire dual tracking process' ...

Yep, I've been kicked out of a few areas' for my document linked' discussion points' ... (GB, BP, FB,) ... so Thanks' ... Yes, The WaMu process has been involved, so it has been easy for some to misunderstand' certain aspects of the process, ... I'll leave it at that for now' ...

I have always viewed the final Approved Plan 7' as not so very different from the attempted Plan 6' ... other than the WMB Noteholders forcing of Rule 510(b) = Subordination' ... as I said earlier, the ending reorganization result, simply could NOT exit into a reorganization with the ending class being a WMB Bond' ... so' ... the obvious happened'

So, ... In Saying That, ... I then segregate not only the Case Files' ... but also the WaMu Securities' ... The following that I just presented, are the parent corp's ... "loan product left on the shelf" ... at the 09/25/2008 seizure, that HAD NOT YET' been packaged into an ABS-Cert, or a Trust' as a stand alone financial' ... JPMC only received the servicing rights for ALL of the WMB serviced loans, ... these as well' ... due to this fact, ... JPMC being only the servicer, ... is the original reason for the need for WMMRC to continue on as first ? a WMI Owned sub, and then a WMIH-Corp sub' ...

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* Key portfolio statistics as of 12/31/09:
Insured Loans: $16.6b
Insured Risk: $ 4.3b (Primary MI covers about 25% of the loan balance)
Original Risk Exposure: $ 1.6b (Represents WMMRC’s 10% risk layer based on original loan balance)
Remaining Risk Exposure: $ 0.7b (Represents actual exposure taking into account loan paydowns and attachment points)
Operating Leverage: 3.6:1 (Industry average is 8:1)

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Now back to your questions' ...

AZ in YOUR opinion how will this play out....I'm asking in just your opinion...

Thank You' ...

you think $2.00 $4.00 for escrows in CASH

IMO ? much, much, more' ... WMI refused the 2008 offering of $8.00 per common, ... and that was some 9 years ago now after the economy has substantially recovered since those earlier days' ...

and a piece of the 3.5 billion shares on the side lines also as a settlement ???

IMO ? Oh Yeah' absolutely ... The new company, WMIH-Corp will need to utilize its share available count, BOTH' preferred and common share issues, to address those of us that released ? and those of us that are the actual owners of the Original WMI' ... tracking marker holders'

maybe 3 for 1 forward split ???

UM, ... Yes' ... Originally I had thought of closer to a 4 or 5 forward split to equal things out, but a three for 1 could very easily work just as well' ...

just YOUR thoughts please...IYHO too...

Helpful ?

AZ