No One Has to Tell Us Anything.
The Holding Company, WMIH is a Private Company that owns COOP.
FDIC and JPM can hide behind FIRREA.
No 8K's required.
Holding Company, WMIH will just make distributions to their Beneficiaries without fanfare.
UQ's.
No 75/25%.
What ever belongs to Class 19, that they will receive, and no more.
My math; 2.1X in performance payments for P's, and what ever the K's get.
Yes, I own P's.
TPS are paid in full with RE/DCR.
HLCE,
Ron