Mr Cooper Group Inc fka COOP

[ron_66271]

Equity Interests Certificate.

That is NOT what AZ said.

The subject for "Equity Interests" language was WMIIC.

When an investor owns 25% or more of a ABS Trust offering, then the investor is given an "Equity Interests Certificate" that can be used as collateral for securing loans.

The participation in the ABS Trust offering is a cash revenue stream that can be used as collateral for securing loans.


COOP owns the Equity Interests Certificate for leverage.

Old WMI Equity Tracking Markets owns the Revenue stream of cash from the associated Trusts.


Just that simple !

<- AZ is Right ->

HLCE,
Ron