Mr Cooper Group Inc (COOP)

[hotmeat]

The question posed to the trio was rhetorical. The theory is that Commons owns the WMI estate and as such are solely entitled to any returned Safe Harbor assets while Prefs will be paid from their Preferred Offerings (assets that backed those securities).

Essentially that involves returning to APR (Absolute Priority Rule) which was clearly disbanded with the agreed to POR. From WMI's (the Debtor) pov, Certificates and ALL documents pertaining to Commons and Prefs are as they stated,.."Cancelled And Of No Force And Effect".