Mr Cooper Group Inc (COOP): Follow this simple logic..... Prior t...

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hotmeat

Re: Pegaso post# 555787

Monday, 01/21/2019 3:31:43 PM

Monday, January 21, 2019 3:31:43 PM

Follow this simple logic.....

Prior to the seizure of WMB and the filing for bankruptcy, which entity was the main or sole beneficiary of the benefits of retained assets held by SPE's??? Was it WMI/WMIIC???

If it was indeed WMI/WMIIC, which entity is now the sole beneficiary of the property/assets of the former Debtors/DIP ie WMI/WMIIC???

How it's arrived at, by some here, that some external entity will assume the role of distributing assets directly to each Marker holder is beyond me. The Trustees do not recognize us individually and neither will they recognize any external third party as a legal receiver for estate assets. They can only recognize the WMILT, being the sole legal representative of WMI/WMIIC's interests as their Successor In Interest. The idea that some clearing House eg the DTC or that KCCLLC will be responsible for making distributions according to APR for our Equity Interests is ludicrous.

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.