Mr Cooper Group Inc (COOP)

[ron_66271]

RE/DCR of $20.78 Billion.

This has nothing to do with the Plan 7 WMI-LT. The Plan 7 LT is/was only for Creditors to address their remaining claim, and it did. DONE.
Never mine the slow paper work.




The 363 Sale of WMI assets took place before Plan 6. The funds where placed into Treasury Notes. Which later funded the RE/DCR so Class 22 could inherent the WMI Estate. Class 22 guaranteed Class 19 a minimum of greater than 2X return.

2.5-2.8X to all Class 19 holders depending on the interest rate.

The end of 75/25%.

Smile.