Mr Cooper Group Inc fka COOP

[AZCowboy]

~ JJ', In Reply To Your Question' ? ~

The "Washington Mutual Capital Trust 2001", was Court Ruled', to NOT HAVE MERGED Into WMI' at the Filings For Bankruptcy' Protection' ...

So, the WMI' parent corp's liquidation trust, the WMI-LT', ... Has ABSOLUTELY ZERO' to do with the "Capital Trust" itself ...

Once B Rosens', "Special Distribution" exhausts the remains of the WMI-LT' as he has stated' he wants to do in November' ... then according to the Confirmation Order, the "Administrative Hold" originally placed upon the "Capital Trust" will be released, ... and its Termination Preference will be activated' ...

... ALL CASH' ... and, RELEASING CLASS SPECIFIC', ... as I have been saying now for years' ...

The following text, is directly from the "Washington Mutual Capital Trust 2001"

Rights Upon Termination

Upon any voluntary or involuntary dissolution, winding-up or liquidation of the Trust involving the liquidation of the debentures, the holders of the trust securities will be entitled to receive, out of assets held by the Trust, subject to the rights of creditors of the Trust, if any, the liquidation distribution in cash. See "Description of the Preferred Securities—Liquidation Distribution Upon Dissolution." Upon any voluntary or involuntary liquidation or bankruptcy of Washington Mutual, the Property Trustee, as holder of the debentures, would be a subordinated creditor of Washington Mutual, subordinated in right of payment to all Senior Indebtedness as set forth in the indenture, but entitled to receive payment in full of principal and interest before any stockholders of Washington Mutual receive payments or distributions. The positions of a holder of preferred securities and a holder of the debentures relative to other creditors and to stockholders of Washington Mutual in the event of liquidation or bankruptcy of Washington Mutual should be substantially the same.

AZ