Mr Cooper Group Inc (COOP)

[ron_66271]

meat, You Don't Understand 510(b).

510(b) is an over-funded Claim and is the Pay-point from JPM by the FDIC for "WMB and it's assets" to WMI as "the Final Payment".

WMI is not paying for the WMB Notes, JPM is buying the Notes and their backing Trusts with the purchase of "WMB and it's assets". The Notes are NOT in Default.


!!Something for you to ponder!!

Class 18 Employee Claimants were not 510(b), but JPM will be paying CIC to Employee Claimants.


#5885;
WMI only abandoned the Equity Interest in WMB, right and title, but not the Title.


Now #12499, #12585, and the closing of all the adversary cases on the morning of March 22. Now comes the completion of the GSA.


Say; Thank You AZ.
=> AZ Is Right <=