Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Well, The Individual “Trust(s)” Would Have An Obligation To An Initial and Original “Participant” Only’ ~

... so in our case, ... that would have been either WMB for the “Exchanged” TPS, or WMI’ the actual Company itself ... then, either WMB or WMI made their own secondary offerings ...

Remember, ... the TPS went through the “Exchange Event” ... exchanged into a WMI preferred ... however when the TPS were exchanged, they were not issued a convertibility option ... many missed this important detail ...

So, for a very, very, long time now, it has been my opinion that, ... only’ ... the original WMI actual owners of the estate, obviously a common share owner, ... as well as ...,only’ ... a WMI preferred (but only’, a 933ESC962 “P”or a 9393ESC84 “K“), maintain a connection to the original WMI Holding Company, through their convertibility option and the ‘K” subset offering’, now of course which WMI has transitioned into “WMIH-Corp” ... as posted, I believe the TPS HELOC and Arm Loan packaged “trash” is done, gone, worthless, etc. ...

AZ