Mr Cooper Group Inc fka COOP

[Dmdmd2020]

Large Green,

The numbers are on the FDIC website and they were in plain site all this time!

IMO....my calculations as of September 04, 2018:

My assumptions:

1) WMI Escrow Marker Holders’ certificate participation is at least 26.24% in all MBS Trusts created by WMI subsidiaries.

2) I’m going to use the lower value of $692 billion securitized from 2000-2008 (per the 2010 congressional subcommittee hearing) instead of $1.616 trillion total securitizations since inception of MBS Trusts

3) 95% liquidation rate of all MBS Trusts (cash)

$692 billion x 26.24% = $181.5808 billion

$181.5808 billion x 95% = $172.50176 billion cash assets owed to WMI Escrow Marker Holders by virtue of beneficial interests in MBS Trusts created by WMI subsidiaries

If you believe 75/25 split to the end:

Class 19 preferreds = $172.50176 billion x 75% = $129.37632 billion in cash

Class 22 commons = $172.50176 billion x 25% = $43.12544 billion in cash

Old WAMPQ = $18,247.09

Old WAMKQ = $456.17

Old WAMUQ = $36.10


The calculations above do not include annual compounded interest for ten years since the seizure.