Mr Cooper Group Inc (COOP)

[boarddork]

The pump here is hilarious. This is Chapter 11 re-org, not chapter 7 liquidation. 'Just enough' is set aside to pay the bills in Chapter 11, and the balance goes to the surviving debtor, or debtors 'releasing' shareholding owners.

WMILT exists, solely, to pay Chapter 11 debts, not manage the excess debtor owned assets outside of Chapter 11. The sooner we end the (2) WMIIC/WMI BK cases the better. The WMILT expires when its 'certain' assets to liquidate run out. And its not all that the debtor owns, not ev3n close,. Otherwise Chapter 7

Mike Willingham and Douglas Southard have had a cushier ride than us for 7+ years while waiting for the WMILT to finish blocking and delaying.

When they expire, we will finally profit.