Mr Cooper Group Inc (COOP)

[AZCowboy]

~ LP, You Are Welcome, Here Are A Few Thoughts ~

Thanks AZ. So, do you expect the first class 17 payment to include all missed distributions from previous years plus interest?

... Yes, I have zero doubt regarding the WMB Class 17’s ultimate recoveries ... the WMB Corporate Bond Supporting Trusts will soon complete their transition to JPMC along with WMI’s Seized Bank ... WMB “Henderson”, ... and, they will recover their accumulated interest, ... the Class 17(b) WMB Fixed Income Corporate Bonds never originally filed any claims against WMI’ so they will not qualify for any Plan 7 Court assignment of FJR recovery ...

Also, do you have an estimation of the total amount owed to class 17 with the accumulated interest?

... In my opinion, ... their initial (non-sinking) interest returns should be roughly 2.5 to 3 X’s their original face value ($1.000.00 face value as Secondary Market Offerings able to be purchased for fractions of a penny “par” until 2015), plus the subsequent issue of a continuing JPMC product ... 11 years of accumulated amortization is a long time ... other than the servicing rights and payment for such, ... JPMC doesn’t get anything free’

It is definitely telling that they are not marked as default in your account. I'm keeping my fingers crossed for you in mid June....so that the rest of us can start hoping for end of year resolution for our escrow

Yes, I’m watching multiple times a day now, Case 00533 settled the relevant issues, but left the completion of the litigation process to the Bankruptcy Court, So the Trustees Actions On February 25th, 2019 and March 22nd, 2019 were a huge accomplishment for me ...

There’s a lot more though, ... one also needs to be cognizant of the WMI Capital Trust ... Those Interest Earning Debentures (5.375%) are a big deal ...

There should also be an additional action soon to come by the WMI-LT’s “Trustee” ... in my opinion, there’s currently a lot going on ...

AZ