Mr Cooper Group Inc (COOP)

[hotmeat]

Equity Interests is essentially the stock of a company, like WMIH's common stock.

Assets are the valued property that created or represents the wealth of the company ie Real Estate, Cash, Securities, Products etc.

The LT and WMIH are separate. If WMIH, with no operations, wants any of the LT's assets they could possible acquire it using the 3.5B authorized shares.

The LT's only duty is to accumulate, liquidate and distribute assets to Escrows, not engage in business operations.

The assets of WMI "belongs" to the LT as the legal successor of WMI , not WMIH.

Value will come to WMIH if they can begin operations that generate income, it is not entitled to former WMI assets, for free.