Mr Cooper Group Inc fka COOP

[Unicorns r Clowns]

Cowboy, if im gettin your message right youre sayin in por6 the plan was to hide the mbs assets and leave just enough there to cover creditor debt. That meant equity would be wiped out and the hf's would've walked away with wmihc and all the assets it(coop) holds. So basically the only difference now with por7 is that instead of them owning everything for themselves it has to be shared with equity holders? Is that basically it in a nutshell?