Mr Cooper Group Inc (COOP)

[ron_66271]

Yes We the Naysayers “No Money for Equity “.

True that Class 19, Class 22 have not received additional cash payments.

Also true that Class 19, Class 22 have not seen our property show up where it doesn’t belong.

Retained Earnings in Treasury Notes.
WMB 510(b) from the FDIC.
WMI Non-Debtor Subs are now Active.
ABS Investments that WMI was required to hold 15% minimum.
Others.

Only RE/DCR is 75/25%, Class 19/Class 22.
My calculations puts PQ at +~4.5X.


Ron