Mr Cooper Group Inc (COOP)

[hotmeat]

Any cash collected will be distributed, but the remaining interests that will continue to produce CASH may or will have to be sold not traded for shares, the actual mortgages are untouchable since they are owned by independent Trusts.

What you are suggesting is that the participating interests that would provide us quarterly distributions in CASH be converted to shares of a company with no guarantee of success...that's just ludicrous. The only conversion will be to CASH,...not shares!!!

The LT's stated mandate is to CONVERT TO CASH all assets of WMI, so they therefore are not the ones who would be part of this S4V. The next option would be the FDIC whose mandate also is to liquidate ALL assets in their possession to CASH and distribute to claimants and then to equity.

That being the case I ask, which party will be negotiating this fabled S4V on behalf of our Markers since the obvious two, The LT and FDIC, cannot??? The only con here is this S4V fiction that's being continuously fostered here.