Mr Cooper Group Inc (COOP)

[AZCowboy]

~ LP, ... No, I Don't Know The Specific Numbers or the Division of Participation ~

a portion of my own DD includes a speculation, that after some nine years' ... that the accumulated amount of cash should be quite substantial' ... a 25% participation of a Trusts "Base Value" was required to qualify for a "Debt Certificate" ...

once the Cash' is finally acknowledged and the accumulated funding is returned and accounted for' ? ... many of these trust continue to perform "Monthly" for 30 to 40 years from their original inception' ... (generically originally packaged between 2001 through 2007') ...

these days' ? ... I humorously look at the pps' trading at roughly the new companies 06/30/2017 10-Q "exact value" ... and then I consider what S. Landefeld originally stated' ...

so, lets just say nine years of accumulation' ... 09/2008 - the present' (ish) ... .75 cents pps X's 206 million shares out' = $155 million dollars (ish) ... 9 times 12 months = 108 months' ...

so, again humorously' ... S Landefeld went out of his way to protect WMI Investment Corp. for a ABS-Cert Trust Monthly Cash return of a mere' $155 / 108 months = $1.43 million dollars' a month ... ? ... Nope, I don't believe that for a second' ...

Then, WMIIC coming up with the $223 million dollars for the Plan 7 completion ? as reported by Feb 2012 ? after some 40 months ? ... was one slick trick' ... Uh' Nope not hardly ...

AZ