Mr Cooper Group Inc fka COOP

[AZCowboy]

~ Hex, No, Not Through COOP ~

COOP will benefit of course, however ... COOP is the servicing platform that the Holding Company (WMIH-Corp) needed ...

... The big money “ALL Cash”, comes back via the Liquidation Preference of the Washington Mutual Capital Trust, as described in Plan 7’s Confirmation Order ... now that Tranche 4 has been “Addressed” ...

Here, ... WMI’s Capital Trusts “Base Value” was $74 Billion Dollars in Asset Value’ ... WMIIC was the money manager, with no operations or assets of its own ... the BK’s placed an administrative hold on all Performing Trusts ...

Everything is fine, just fine ...

AZ