Mr Cooper Group Inc fka COOP

[sharing4u]

tanjazieman,

Two thumbs up to you!!
Your insight and logically reasoning are "much above my pay grade" LOL.

A aircraft carrier like WMI with over 120 SPE1 and SPE2 Trusts and so much other assets.
1. Do you think there will still be some illiquid assets that will be paid by WMIH Corp that will benefit the share price of wmih ?

2. As EZ counted that there are 123 trusts recorded in SEC existing before selling to JPM on 12-8-2017. Taking a comparison of DB holding 99 trusts valued at $165B, averaging $1.67B each. $1.67B x 123 x 0.25 (assuming 25% participation)=$51.35B as value of trusts in cash returning to WMILT. Do you think this should be a close figure? Or you have other intuition?

3. You mentioned there could be distribution to escrow marker holders in Feb 1, 2018 and subsequent distribution dates in 2018. But Piers are still pending to be completed and employee's claims to be courted by Sept 2018.
How could distribution happen?