Mr Cooper Group Inc (COOP)

[Johnnyiwantsome]

No it mandated WMI SET ASIDE>>>>> If the OTS so directs following the occurrence of an Exchange Event (defined below), each Trust Security will be automatically exchanged for a like amount of fixed-to-floating rate depositary shares representing a 1/1000th of a share of specified classes of preferred stock (the “WMI Preferred Stock”) of WMI. >>>>>>>outside hence If you have these you will be paid, you are a debtholder that the debit must be repaid. Its like hedging your hedge with a alike amount of $$$.
K Regards,
B