Mr Cooper Group Inc (COOP)

[AZCowboy]

~ XOOM, It Could Be Cash ? A Common Share Conversion (COOP) ? Or A Combination Of Both' ~

However, the following basic information I have posted over the years, regarding the BK' Segregated WMI Cap Trust, Is A Good Starting Point;

"... That Cap Trust Could NOT BE Considered within the WMI Holding Companies Chapter 11 BK, or the Reorganization Process ...

That was one consistency of many, from the failed (6) through to the approved (7) ... that portion of Exhibit H never changed' ..."

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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158960229

Always remembering that your DTC Issued ESC Cusips maintain your connection to the original reorganized WMI, ... Now ... If ? ... You begin with a thorough study of the sequential information I have been posting, and then understand that the WMI Cap Trust', automatically entered into its "Liquidation Preference" when WMI Filed for Bankruptcy Protection, ... bringing you forward to our present tense condition, ... the process makes financial sense' ... read the following as carefully as you studied the linked information I provided above'

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* "a warrant to purchase at any time prior to the close of business on May 3, 2041, 1.2081 shares of common stock of Washington Mutual. The exercise price of each warrant on the initial date of issuance was $32.33"

* "The debentures are not subject to a sinking fund provision"

* "unless such maturity date is earlier in connection with a remarketing of the preferred securities as described under "Description of the Preferred Securities—Remarketing," in which event the accreted value of the debentures will be due and payable on such earlier maturity date, together with any accrued and unpaid interest on the accreted value."

* "Payments on debentures issued as a global certificate will be made through the debenture Paying Agent (as defined herein) to DTC. ----- the payment of principal, premium, if any, and interest on the debentures held by the Property Trustee will be made through DTC to such account as may be designated by the Property Trustee."

* "The payment of principal of and interest on the debentures will be, to the extent provided in the indenture, subordinate to the prior payment in full of all Senior Indebtedness (as defined herein).

* "Upon any payment or distribution of assets of Washington Mutual to creditors resulting from any liquidation, dissolution, winding up or reorganization of, or any insolvency proceedings involving, Washington Mutual, or any assignment by Washington Mutual for the benefit of its creditors or any other marshaling of the assets of Washington Mutual, the holders of all Senior Indebtedness will first be entitled to receive payment in full before the holders of the debentures will be entitled to receive any payment upon the principal of or premium, if any, or interest on the debentures."

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Now, As the "LEAD ARRANGERS" will now be able to Account For "WMIH and its Subsidiaries" ... Our Company will move forward' ...

The Above WMI Cap Trust Information, describes the filing of a BK and the closing of a WMI bankruptcy

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AZ