Mr Cooper Group Inc (COOP)

[Dmdmd2020]

Now extrapolate for a total of $692 billion securitized into MBS Trusts from 2000-2008 instead of using $165 billion per the 2013 & 2014 JPM annual reports (off balance sheet securitizations)

IMO...my calculations:

Liquidated (in cash) = $127 billion / $165 billion = 76.96% was liquidated

If we extrapolate to $692 billion:

Liquidated (in cash) = $692 billion x 76.96% = $532.63 billion potentially liquidated and in cash

Unliquidated = $692 billion - $532.63 billion = $159.37 billion unliquidated

Of the $532.63 billion in cash, the residual WMI Equity Tranches/Equity Interest is 25%:

Escrow Marker Holders receive in cash = $532.63 billion x 25% = $133.1575 billion cash

So 75/25 split among Equity:

Preferred = $133.1575 billion x 75% = $99.868125 billion in cash

Common = $133.1575 billion x 25% = $33.289375 billion in cash