Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Mr MadBadger, Thank You For Your Politeness’, It’s Refreshing’ ~

Good afternoon AZ,
First and foremost, thank you, for all of what you do. I really appreciate it. I have a question regarding the dividend distribution because to my understanding the Preferred Shares were Non-Cumulative. When they removed the cap on the Par Value and allowed Equity Classes to participate in Plan 7, did they reinstate the past Dividend? Is that information in Plan 7? Also, you may have answered this question already but why was there no mention of a distribution to Class 19, when the Classes before and after received a distribution? Is there a possibility Class 19 will get there distribution later, by the end of 1st Quarter? Thank you for taking the time out of your day to answer my questions, I truly appreciate it you.

... Let’s See’ ...

In my opinion, ... the past tense class dividends were not affected ... especially the preferred classes, ... I’ll try to get you to where I am first, which I believe will give you an aaahhhhaaaa moment’ ...

... the (purposely fueled) confusion has always been related to a wrongful combination of unstudied issues ...

“Corporate Structure”, ... WMI ... was nothing more than a “Holding Company”, which as the head of its own corporate structure, utilized its own created direct and indirect subsidiaries to create and manage income ... Judge Walrath stopped the debtor ability to continue to join these segregated financial entities in October of 2008’ ... loss # 1 for the Debtors attempts to rip off everything ...

... So, ... the OTS / FDIC seizes WMI’s Banks WMB’, and WMBfsb gets merged on 09/25/2008, ... WMIIC is the (subsidiary), WMI investment manager held within WMBfsb, ... so WMIIC files “First” for Chapter 11 at 10:15pm on 09/26/2008’, ... while subsequently WMI Files one minute later at 10:16pm ... ok now sit down for the next part, ...

... WMI’s 2 public functioning banks are seized ... WMI the “holding company” files for Chapter 11’ ... none of the cash and dividend producers are involved, and again Judge Walrath stops the ability of the debtor to continue to combine them ...

... this segregated the Capital Trust (Common Share Owners), ... as well as ALL of the securitized debt structures WMI had packaged ...

Remember, ... as I’ve posted, there were 8 preferred issues, only two of which were able to be purchased by retail, ... and only 1 common share association ...

... If ?’, ... you remove any and all investment considerations that involve the financially insignificant WMI-LT as only ever being associated with the WMI Holding Company’s Plan 7 Reorganization ... things will become clear ...

... I hope that was helpful ... ? ...

AZ