Mr Cooper Group Inc fka COOP

[Large Green]

clawmann, to your point on this issue -WMILT negotiating assets in a closed deal for the marker holders.

This is the first thing I thought of when I learned WMILT would make a deal with WMIH for potential beneficial assets. So my view is no doubt, they have this covered somehow, as this would have been a leading action they would have had to discuss when WMILT was set up.

My guess is they negotiate in private with a few potential sources overseen and evaluated by a totally innocent third party with no conflicts and have these potential sources submit private bids. Remember, Kostorus has total authority and can make decisions on his own with no oversight.

Once a bid is accepted, I see no issues for the bid to be accepted, payment in WMIH common/preferred stock which goes directly (pass-through-entity) into marker holder's accounts.

clawmann, I find it hard to believe as it seems you do (I could be wrong) that you do not believe there are beneficial assets that would be coming to marker holders. You REALLY believe these very wealthy hedge funds were ONLY after tax attributes in a fifty cent shell company with no assets?

If this is accurate, there is no reason for you and me to have any discussion concerning this case because I find that totally ludicrous that these hedge funds were ONLY after tax attributes. I have long called the tax attributes nothing but a (valuable-yes but not real reason) Red Herring.