Mr Cooper Group Inc (COOP): It's NOT WMIIC's Cash The ABS Trust P...

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Re: hotmeat post# 504956

Friday, 01/19/2018 4:07:31 PM

Friday, January 19, 2018 4:07:31 PM

It's NOT WMIIC's Cash

The ABS Trust Participation Revenue stream belongs to "the Original Debtor's Estate".

Tranche 6, Distribution depending on the Trusts Prospectus.

If they did it doesn't belong to WMIH. They clearly stated that WMIIC had no cash or assets in the PR.

WMIH only gets the "Equity Interest" to use as collateral.

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