Mr Cooper Group Inc (COOP): Quote: "~2221 The Trust Generated Return...

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hotmeat

Re: None

Monday, 10/08/2018 9:22:41 PM

Monday, October 08, 2018 9:22:41 PM

Quote: "~2221 The Trust Generated Returns, Are Class Specific ~"

Commons, Wampq nor Wamkq were NEVER,..I repeat,..NEVER, directly backed by any Trusts or assets as is being claimed. Anyone who ever bothered to read a Prospectus would know this fact. As stated in the actual documents, their support relied on the performance of WAMU, the company. Just another example of misinformation being purported as facts. Pure hogwash!!!

Quote: "“WMI (now WMIH-Corp) Owns 100% Of The Equity Interest In WMIIC”

WMI is NOT now WMIH-Corp,...WMI is now the WMILT, it's sole "successor in interest" in terms of property rights. WMIH-Corp dissolved WMIIC, an asset less corp., in early 2018. They are due nothing from legacy assets. Good grief!

Note: Could someone explain why bankruptcy documents and issues are being used to explain why the WMILT cannot reclaim and distribute Safe Harbor assets??? Seems odd since Safe Harbor assets are supposed to be bankruptcy remote. Very strange indeed...LOL

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, all Common Equity Interests shall be deemed extinguished and the certificates and all other documents shall be deemed cancelled.