Mr Cooper Group Inc fka COOP

[jerrylev]

Somebody tipped me the following.

Things that make you go hmmmmmmm!

Note: I didn't claim credit for finding this gem. It is somebody else "DD".

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=120222731

Post # 445362

Quote:

"The Original Debtors, WMI & WMIIC' assets belong to the releasing legacy shareholders of the WMI Original Estate, (marker holders) ... which as the returns begin to come in, will be distributed by our own "Grantors Trust - Pass Through Trust" ... the WMI Liquidating Trust' ...

Now, remember' ... WMIH-Corp owns the "Equity Value" while the legacy shareholders own the "Asset Value" ... so again, ... The TWO remain connected and will need to do business with each other' ... The LT can not entertain outside bidders' ... a very, very, important part of the process to be aware of' ...

To state that WMIH-Corp and the WMILT are not connected is just about as silly as someone presenting 32.2 of the Plan' and stopping at the comma, or for someone to not understand that the MOR's were limited to the reporting of the - cash' - only ~ NOT assets' ... or ... how a deposit base is considered a liability, while being an immense infusion of cash at the same time' ... anyway' ... like you, I only read a few ... "