Mr Cooper Group Inc fka COOP

[AZCowboy]

~ Maybe This' Will Help Regarding WMIH-Corp ~

As I have been saying for a number of years now, ... (and'), In My Own Opinion ?, ... The quite conditional and very restricted "Cash" held by Citi' (the escrow agent) was NEVER' for the newco' (WMIH-Corp), to utilize for an outside M/A ... the amount of "Cash" ($600m, or now roughly $573m), was just never enough, again for any outer third party purchase' ... (there's just way to many large financials out and about within a competing market')

also, ... WMI Investment Corp., the original "secured and segregated" by Bankruptcy Filing # 1' ... continues and, as stated by S. Landefeld ... "WMIH-Corp Owns 100% of the "Equity Interest" in WMIIC" ...,

So, ... Currently, Ever since 01/01/2017' ... the "Embedded Derivative Function" reversed as the WMIH-Corp PPS' diminished, as the balance sheet became enhanced using the, "Restricted Cash" ...

INSERT: ... "Globic" is obviously now' completed ... (thankfully)

So, as the newco, WMIH-Corp and along with ... Us', ... is able to begin to now move forward in 2018 without any legal restriction', ... The original "Cash" and its function, is able to be realized', as the "Trust" participation (WMIIC') is able to begin to be distributed

(Deutsche Bank's 12/11/2017 Letter' is the proof of the process beginning in January of 2018) ...

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Fund specialises in high-rated corporate debt

Assets

The average risk weight of the fund is ($5*0% + $75*20% + $20*50%)/$100 = 25%. The financial leverage of 20 results in a risk weight of 500%.

The above example illustrates that the rate at which the 1,250% cap is reached depends on the underlying riskiness of the portfolio (as judged by the average risk weight) as captured by Basel II Standardised Approach risk weights or the IRB methods. Therefore, for a “risky” portfolio (100% average risk weight), the 1,250% limit is reached fairly quickly with a leverage of 12.5x, while for a “low risk” portfolio (25% average risk weight) this limit is reached at a leverage of 50x.

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or using a basic math representation, ... Cash $ 5 to, AAA to AA- bonds $ 75 A+ to A- bonds $ 20

or, ... for every $5.00 in "Cash", held by a financial' ... the ratio allows for a multiple of 15 able to be legally held ... or' ...

... so for every $5.00 in "Cash" held', would allow for a consideration of $75.00 within a return participation' ...

(currently the "Restricted Cash" being roughly $500 million, would allow for a consideration of $7,500,000,000.00 In A Return Participation' ...

"This final standard will apply as of 1 January 2017"

... This ?, again, in my own opinion ? ... Would Be A Reasonable Presentation, of Only The Beginning' Stages' ...

Just Remember, ... The newly reorganized WMI', WMIH-Corp Owns 100% of the "Equity Interest" in WMI Investment Corp. ...

AZ