Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Windfall, Correct My Conclusions Regarding The (TPG Diluted) .40 cents X’s 31 Quarters “Dividend Recovery”, For An Original WMI Common Shareholder Is One Thing ~

... but, yes there is more (and always, in my own opinion and in my own conclusions) ...

... within the reorganized companies registration documents, ... there is language referring to dividends to be issued aligned with the company’s earnings (that’s normal), ... but ? there is also language referring to dividends to be issued beyond the company’s earnings (that’s not normal), and that ? is a direct reference to the retained earnings held back while the parent holding company (WMI, now WMIH-Corp), completed its bankruptcy’s ...

Remember, before TPG showed up in 2008’, we (WMI) had roughly 880 million commons ... TPG showed up and we jumped to 1.7 billion commons, ... the releases were submitted to “Participate” in Plan 7’, and only 1.2 billion commons released, ... obviously TPG released all of theirs and the rest after the 2012 beat down were original WMI common shareholders ...

... without TPG, our common share dividend accumulation would have been roughly .55 cents X’s 31 quarters ...

~ Welcome To The Jungle ~

AZ