Mr Cooper Group Inc fka COOP

[Large Green]

clawman ok, so, you agree that the releasing shareholders who signed timely releases by 3/2012 own the FILLING which to me is the same as BENEFICIAL interests or in another term own the former estate who also have markers in their accounts.

So far, so good...

There is supposed to be a Trump style wall between WMILT and WMIH that they have worked so hard at making all believe they do not have any idea what goes on behind closed doors in either camp.

Now, when WMILT is advised they are owners of actual assets, both beneficial assets and cash, then they will approach WMIH and make a deal for the beneficial assets.

Then the proceeds will go to the marker holders from WMIH figured with the math formula incorporated into the plan which is 75/25. The cash will be dispersed in the same manner as WMILT which is set up as a Pass-Through entity.

This would be considered liquidating the Estate even if WMIH paid WMILT in WMIH shares for the BENEFICIAL interests due this being a pass-through entity and would go directly to the market hokders accounts.